ABSTRACT

In the 1960s, foreign monopoly capital became a powerful political interest group. The economic policies of the Illia administration had been in their own mild way obtrusive to these interests. More generally, the financial and political instability of the restoration decade was incompatible with the objectives of long-range multinational corporate growth. The response of a wounded community was highly political, inspired by three years of insult and injury to economic well-being and political traditions. This response tore at the bland facade of bourgeois society: In May 1969, Argentina witnessed the first of a series of mass urban insurrections led by the industrial working class of the interior. The democratic middle class, the old left, and the student movement had been traditionally estranged from the proletarian masses that began their political experience under the banner of national populism and outside the democratic and socialist traditions.