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In Argentina, Elections Shake Up the Political Landscape

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If there is one constant in Argentina’s merry-go-round of political and economic crises, it is the presence of outsize personalities, high drama and policy failures. The results of Sunday’s midterm congressional elections suggest that this cycle is unlikely to be broken any time soon. The election didn’t just throw the system into disarray. It also introduced the latest entrant to Argentina’s pantheon of flamboyant politicians: the wild-haired, far-right economist Javier Milei, who saw his fortunes soar, giving credence to his plan to seek the presidency in 2023.

The immediate impact of the Nov. 14 elections was that the center-left Peronistas, led by President Alberto Fernandez and Vice President Cristina Fernandez de Kirchner, suffered severe losses. For the first time in four decades, the Peronistas lost control of both houses of the National Congress. Also remarkable was the strong performance of the Trotskyist Leftist Workers…

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