ARGENTINA: Step 1, Step 2

While building up his own, homemade kind of statism, Argentina's President Perón has always professed to be opposed to Communism. Last week Juan Perón, no student of political economy, announced his own homemade formula for getting rid of Communism: get rid of capitalism first.

Said Perón: "The capitalist system has undoubtedly been the curse of mankind in the 19th Century and this much of the 20th, with the exploitation of man by man and with the abuses to which capitalism has given rise—abuses of liberty, abuses of property, abuses of all kinds, which have had the effect of leading the world...

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