Peronist Beliefs and Interventionist Policies
We study the logic of Peronist interventionist polices and the beliefs that support them. Instead of a comprehensive approach, we focus on three elements. First, we study beliefs and values about the economic system present in Peron's speeches during the period 1943-55. Second, we study survey data for the 1990's on the beliefs of Peronist and Non Peronist voters in Argentina and Democrat and Republican voters in the US. While income and education suggest that Peronists (in relative terms) look like the American Democrats, their beliefs and values suggest that Peronists are the Argentine equivalent of the Republicans. Third, given that these beliefs are non-standard (for economists) we present a model formalizing some of their key aspects (for example, the idea that there is something more than a material exchange in labor relations).
We thank Esteban Aranda for suggestions and exceptional research assistance and Andres Velasco for introducing us to Acario Cotapos. We also thank Juan Carlos Torre, Torcuato Di Tella, Lucas Llach, Juan Carlos de Pablo as well as participants at the Argentine Exceptionalism seminar in Cambridge 2009, for helpful comments and discussions. For support, Di Tella thanks the Canadian Institute for Advance Research. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.