Abstract

GOMEZ LENDE, Sebastián. Oil Bourgeoisie and State Redistributions: The Case of Argentina During the Macri Administration (2015-2019). Soc. Econ. [online]. 2024, n.51, e10212352.  Epub Feb 26, 2024. ISSN 1657-6357.  https://doi.org/10.25100/sye.v0i51.12352.

The relationship between hydrocarbons and accumulation by dispossession has a long history in Argentina and has always developed within a framework marked by state redistributions. This article describes and analyzes the policies implemented by the government of M. Macri (2015-2019) to bolster and enhance the profitability of the oil bourgeoisie. It does so by using academic literature, official statistics, and reports from environmental organizations. The study is based on four categories of analysis: colonization of state regulatory bodies; commercial, fiscal, and monetary privileges; concession and foreignization of hydrocarbon areas; and socialization of entrepreneurial risk. It concludes that Macri’s hydrocarbon policy was a hybrid of neoliberalism and (neo)developmentalism, marked by conflicts of interest between the State and capital, the imposition of market discipline on consumers, and the political production of profitability for both local and foreign oil companies. This policy generated poor results in terms of self-supply and energy sovereignty.

Keywords : oil; State; bourgeoisie; Argentina.

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