Part 3/11:
Argentina's historical trajectory as one of the richest countries in the world faded after World War I, largely due to a departure from classical liberal policies. This inclination toward statism and collectivism initiated a downward spiral, marked significantly by the policies of General Juan Domingo Perón. Kaiser highlights Perón's embrace of corporatism, which deteriorated the nation into a kleptocratic society, deeply imbuing Argentine culture with economic nationalism.