1. Crisis in Argentina
... the peso collapsed by 70%, a new industry was born. All over the country, the feeble economy has pushed Argentines into very desperate measures. In what seems like a chapter from the Russian Revolution, thousands of Argentines have saved their jobs by seizing control of debt-ridden factories when the bosses fled. The men of the Union and Force Co-operative occupied their metal ... work plant for six months, defying the bailiffs who wanted to liquidate its stock and assets. Finally the courts granted them the right to continue running the business themselves. With half of the country's 3...
- Word Count: 3213
- Approx Pages: 13
- Grade Level: Undergraduate