Because the New Deal-like policies of the Kirchner governments failed to substantially improve Argentina's economy after the neoliberal collapse in 2000 and 2002, the ruling capitalist class in Argentina decided to make a right-turn into what Petras describes as a "neo-liberal counter-revolution". Petras reports on the many indications of this right-turn.
The class struggle from above found its most intense , comprehensive and retrograde expression in Argentina, with the election of Mauricio Macri (December 2015). During the first two months in office, through the arbitrary assumption of emergency powers, he reversed, by decree, a multitude of progressive socio-economic policies passed over the previous decade and sought to purge public institutions of independent voices.