The Last Fascists: How Peronism Explains Argentina's Decline

Marcos Falcone

This week, The Independent Review published my latest peer-reviewed research article, titled “Peronism: The Rise and Persistence of Fascism in Argentina.” The paper argues that Peronism is best understood as Argentina’s variant of fascism and that its rise and persistence are the primary explanation for the country’s long economic decline.

The argument unfolds in four parts. First, I outline how prosperous Argentina was by the early 20th century, when it consistently...