Critique of Aldo Ferrer’s book The Argentine Economy

In the article we present here, published in the magazine Estrategia, third period, year 1, number 1, 1964, published by Palabra Obrera, Moreno engages in a debate with the book La economía argentina (The Argentine Economy), written by Aldo Ferrer (1927-2016) the previous year. Ferrer was an influential Argentine economist, representative of developmentalist thinking, closely linked to ECLAC (the UN Economic Commission for Latin America and the Caribbean). He served as Minister of Economy in the province of Buenos Aires (1958-1962) and then at the national level during the de facto government of Levingston (1970–1971) and that of Isabel Perón (1975). In his book, Ferrer presents his development policy based on industrialisation and the creation of domestic markets, with the state playing a regulatory and promotional role for private, national, and international investment, as opposed to the policies that relegated Argentina to being a mere producer of agricultural and livestock raw materials.
Moreno debates the fundamental issues, particularly the question of the role assigned to Argentina and other semi-colonial countries by the central countries within capitalism in its imperialist stage.