Israel: A Rich Nation Receiving the Bulk of US Foreign Aid
2023-12-06
Why is Israel a primary benefactor of United States foreign aid? Is Israel a proxy for US imperialism in the Middle East? Does American aid to Israel benefit constituencies other than the defense industry? The ongoing feud between Israel and Palestine has raised these questions to the forefront of public debate. Israel is the leading recipient of American foreign aid, despite its wealth. In 2022, The Economist ranked Israel as the fourth most successful economy in the Organisation for Economic Co-operation and Development.
A prosperous country such as Israel should hardly be a contender for America’s benevolence; hence, America’s commitment to sponsoring Israel strikes people as odd. However, some observe that Israel plays a critical role in bolstering American hegemony in the Middle East
How Not to Desocialize: Argentina Edition
2023-12-04
Argentina’s president-elect, Javier Milei, is set on implementing promarket policies, including a vast desocialization, or privatization, of the economy. The privatization of the Argentine airline industry is seemingly first on the agenda (along with privatization of state-owned media). Privatization is necessary, but above all else, it must be done correctly.
Aerolíneas Argentina, the state-owned airline, makes up 63 percent of the domestic airline market in the country. Furthermore, its profitability has been falling since 2020. The airline arose out of a government-directed merger of four local carriers in 1949. The government essentially promoted the creation of this airline company, thereby harming competition.
Through various tribulations, Aerolíneas was once “privatized” in 1991,