Word: peronism
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Dates: during 1970-1979
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Razor-Thin Profits. The terrorists' increasingly flagrant acts have finally spurred aging President Juan Peron, 78, to action. And well they should. One high American executive estimated that the kidnapings have already caused 60% of the foreign businessman in Argentina to leave the country in the past year. If the abductions continue, they could jeopardize an economy already deeply troubled by razor-thin profits and lack of capital investment by private industry. Prodded by such concerns, Peron reversed his benign neglect of Argentina's frightened foreigners and made a point of receiving the Ford vice president for Asia...
Doubts remained whether Peron could bring the terrorists under control. During the turbulent years of his exile, guerrilla groups on both the left and right were formed as underground cells to advance their militant causes. Most of these cells fought for Peron's return, but now that the old man is back in the saddle, they have refused to disband. Instead, they have taken to kidnaping businessmen as a means of financing their operations. And Peronists have increasingly turned on each other. A left-wing Peronist lawyer and his wife were recently murdered in Buenos Aires, presumably by rightists...
Amidst this internecine turmoil, Peron remains aloof and caught in a dilemma: he cannot restore law and order in Argentina while his own movement is riven with internal strife. If he tries, he puts himself in the position of fighting his own supporters...
...choice, Soupy Sales, declines to attend the ceremonies. Despite a year of speculation, Cambodian dictator Lon Nol again does not receive an honorary degree from Harvard. Instead, the University honors "three men whose service to the cause of peace and justice is legend": Spain's Generalissimo Franco, President Juan Peron of Argentina, and Urguay's up-and-coming fascist, Juan Bordaberry...
...Marighela is dead, the Tupamaros are dispersed, and the Chilean people have not yet swung into action, although the Pinochet dictatorship says it expects urban outbreaks. In Argentina, the People's Revolutionary Army is in action, although the situation there is complicated by the curious figure of Juan Peron. The North American sociologists were both right and wrong. Industrialism did not cause revolutionary resistance to disappear, but neither has that resistance gained anything resembling political victory. The successes of urban guerrilla warfare have been almost exclusively informational: The kidnappings and the robberies have shown that U.S. repression in South America...