AFJP a substantive issue

November 2008 Open Letter Mendoza appears once again to an issue of such profound social significance as is the fate of the retirement of the Argentines. The national government sent Congress the proposed transfer of funds of the administrators to the state, a project that has a high popular consensus. The government made this decision in the context of the global economic crisis, following the biggest drop in the history of the international financial system. In this system AFJPs investing and, after fifteen years of under-funding, freezing and cutting pensions (as a result of over-delivery system capitalization), the Government decided to take this urgent decision. The discussion of this measure implies necessarily refer to the conception of a national project that transcends the present situation, suggesting a structural change in the current configuration of state.This particular circumstance seems to explain the virulence of the attacks on the proposal by the most reactionary sectors of the establishment. They are articulated in the most hard core of a segment of the opposition and with the logistics of a savage media strategy, aimed at diverting the focus of the discussion. The change raised tends to recover the historic concept of social security that Argentina had internalized society founded on solidarity between generations, and they were distorted by the speculative logic of the capital market. Therefore it is necessary to state openly what society we live, what interests are in each case and, therefore, what role belongs to the State under the Constitution of Argentina with respect to social welfare. This requires reviewing the history of the past 15 years. In the 90 over the menemato, in the heyday of neoliberalism, was carried out modifying the Argentine pension system as part of the so-called “state reform”. This was reduced to a minimum, taking away their potential and their interference, but not its responsibility as guarantor of having minimum pension (as the states the Constitution). Much of the funds made up retirement contributions were transferred to the private sphere and the fate of the elderly was left to the free market. The escalation of financial power after 1976 and consolidated in the 90s, was paid, through a combined package by law and / or executive decree, the state model that implemented the change. This was supported by the media who proclaimed and extolled the virtues of individualism and capitalization through AFJP, decrying the state of sharing solidarity system. We were many who denounce the disastrous consequences of this model, and fight against their imposition. Today history has proved us right, for the national government should bail out those who contributed for years to AFJPs and are not sufficient for a minimum pension (77 subsidy for retirees AFJP). You should also take urgent action to prevent further damage to the plummeting value of deposits and hence the potential pension of the majority. This is not only complied with their constitutional role and irrevocable guarantor of social welfare. The privatization of pensions compulsion was possible from the implementation of an advertising tactic that included de facto measures such as: Deprivation of the right to elect, by compulsory membership of new workers (youth) illegitimate transfer of older people, without time or enough information to choose, and after a pseudo-consultation was not respected. Indoctrination of an army of young promoters were introduced in all areas of work to sell pensions (in exchange for a commission, and in circumstances that could not get another decent and stable). Pro-funded media campaigns about the supposed advantages of individualism.

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