The subject of industrialization has become almost an obsession with Argentines. The image of a belated, weak, incomplete, and truncated process of industrialization has become associated with the frustrated destiny of Argentina. At some moment in its history, the country must have taken a wrong turn and, squandering opportunities, set off on a perverse downhill, an inexplicable turn in the first place, and not only for those who think of the country as being richly endowed. In the search for some explanation, the issue of industrialization has always occupied a central place in the debate.