Railroad system nationalization during the first Peronista government: market regulation and income redistribution.
Abstract
This article reconstructs the process of railroads nationalization process during the first Peronist government, paying special attention to the way in which the government’s sectoral coalition took political advantage of the new firm Ferrocarriles del Estado. The main hypothesis of this study is that the presence of the industrial fraction of the bourgeoisie led to market regulation favoring the industrial sector, while the presence of the labor movement as a political actor enabled the framing of redistributive politics favoring working class sector, both based on the economic profitability of the railroads firm together with the political control from the Executive branch on it after the nationalization.