My questions regarding Argentina right now are: will he be actually able to reign in spending and reduce the debt to a point where it isn’t such a burden in public finances? Will the economy bottom out before the end of his term and start sustainable growth? Will the people actually tolerate all of this?
Will Enrique Iglesias actually be your hero?
Will you look at this photograph?
All the answers are no, and it’s not because of Milei, just as it wasn’t because of Macri or the Kirchners, the problem of Argentina is that it is full of Argentinians
Lol, as an Argentinian you’re not exactly wrong. There has to be a cultural shift along with the policy changes that come with it.
Every thread about Milei has Argentinian users talking shit on Argentinians.
We say talking shit about us and complaining are our national sports
A proud tradition.
That’s just how you say hello in Buenos Aires.
What the fuck is that supposed to mean?
It means that the only constant in our 100 years of constant crisis is saddly us… we usually say that as a joke anyway
He’s Argentinan. We may never know.
As much as it pains me, I am convinced you’re right. It’s mostly an education / cultural problem. You can find similar situation in other countries of course but I’ve never it that extensive.
The result is having some of the worst politicians ever being elected, with no credible alternative.
I lived in Argentina for 5 years. This is spot on.
The people really didn’t ever understand how well they have it. People in the US would go nuts to have a the rights they do.
This is the best summary I could come up with:
BUENOS AIRES, Argentina (AP) — Argentina’s inflation slowed in February for a second consecutive month, as right-wing President Javier Milei continues to push austerity and deregulation measures in an effort to revive the country’s struggling economy.
According to figures released Tuesday by the government’s INDEC statistics agency, Argentina’s monthly inflation slowed down to 13.2% in February, compared to 20.6% in January and 25.5% in December.
On a yearly basis, however, inflation remains the highest in three decades, topping 276.2% in February.
Milei’s government said in a statement that February’s inflation rate was the result of a “strong fiscal discipline.”
A self-described anarcho-capitalist, Milei assumed power in December and almost immediately announced a series of shock measures, including a 50% devaluation of the nation’s currency in hopes of eventually bringing the country’s roaring inflation under control.
Milei has announced a painful adjustment plan aimed at staving off hyperinflation and warned that the measures would initially have a “negative impact on the level of activity, employment, real wages, and the number of poor and indigent people.”
The original article contains 242 words, the summary contains 174 words. Saved 28%. I’m a bot and I’m open source!
Hm, maybe this guy is onto something, I hope things improve there.
Dude has destroyed the social system completely, caused food prices to explode and many other things with brutal consequences for the average citizen. Unhinged neoliberalism is definitely not the solution. A country isn’t a corporation.
But I’m sure corporate profits are up.
Unhinged neoliberalism
Well, none of his policies resemble neoliberalism. So, there’s that.
Call it anarcho capitalism then. Semantics
Corporations aren’t run in a neoliberal way, though. They’re usually run pretty much as a sort of a communistic hierarchy: decision-making is hierarchical and centralized; resources of all kinds are pooled; uniformity in behavior and looks is encouraged; internal and external propaganda is strong; and internal competition is discouraged. And finally, most of the benefits of the work, i.e. money, goes to the top.
So yeah, countries definitely aren’t corporations, but the end result of that thought isn’t perhaps what you imply.
Communistic hierarchy? Wtf are you talking about?
there’s a school of thought among people that don’t know wtf they’re talking about which equates communism with authoritarianism
Decades of red scare does weird things to a people
Red scare has a different tone to it when you live right next to Soviet Union.
I assume it’s better than living in a South American country that just voted in someone left of center…
I’m talking about every instance when communism has been tried, instead of some fantasy theory that never seems to materialize.
I don’t understand what makes a hierarchy communistic and what communism has to do with corporations.
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Corporations (…) usually run pretty much as a sort of a communistic hierarchy
Wtf are you on about?? Typical corporate government is very much a feudal system where a few lieges receive the vast majority of the wealth produced by the workers. That’s exactly the opposite of the aims of communism, exactly what communists rebelled against.
decision-making is hierarchical and centralized
Again, that’s feudalism, not communism.
resources of all kinds are pooled
If by “pooled”, you mean that the work of the many pays for the pools of the few, then sure.
uniformity in behavior and looks is encouraged
Which is a feature of conservatism and authoritarianism in general, including but not limited to conservative communism, fascism and paleoconservatism.
internal and external propaganda is strong
Again a feature of authoritarianism, demagoguery and tribalism, not specifically communism.
internal competition is discouraged
My ass it is! Corporations encourage internal competition in myriad ways, such as leader boards, employees of the month, competitions with some paltry prize for the workers who excel in some metric or the other compared to their peers, performance based promotions etc etc.
Internal competition is how corporations keep workers from banding together against their liege lords and ladies, so they encourage it at every opportunity.
most of the benefits of the work, i.e. money, goes to the top.
Again, the opposite of the intention of communism. I know that some nominally communist countries such as the USSR and China are actually one-party oligarchies, but they’re examples of bad and dishonest leaders governing in ways contrary to the ideologies they pretend to believe in.
So yeah, countries definitely aren’t corporations, but you clearly have bizarre misconceptions about both corporations and communism.
That’s . . . that’s not what feudalism was.
You did not seriously compare obviously capitalist companies to corporations lmao
Hahahahaha
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I mostly meant that in the sense that a country doesn’t need to be “profitable” or economical. They are the only actor on the market that can pursue other objectives than profit, like the welfare of the population or ecosystem, and also the only actor who can essentially ignore the rules because they make the rules.
Countries don’t need to be profitable, but also they cannot be hundreds of millions in the negative.
They can ignore or change of course all the rules that have been made up, but nobody can ignore the principles of economics.
I’m not arguing they should throw all sense in the wind and do whatever, but obviously this radical type of neoliberalism is an utter failure in caring for the citizens. And I would argue the first and foremost responsibility of any government is to care for its people, not to make the country an attractive investment.
That’s funny, I remember when I started my first job on a chemistry research campus for a major corporation I would tell my coworkers that it feels like a sort of communist commute or something. All resources were logged centrally and I was open to borrow or take resources from completely different labs.
Inflation before him was 10% monthly. On his first month in office, he raised it to 25% thanks to his measures. Second month 20%. Now, at 14%, we’re still 40% worse than the worst month of previous administration.
Prices are higher than the US or Europe now, while minimal wage remains unchanged at US$160. If he’s into something, it is something bad for sure.
Yup, it was clear from his policies that prices would go up initially, this is not surprising. The question remains if things will improve in the long run, and the article says that inflation is slowing, which was the goal. You just said it went 25->20->14, seems too early to judge where this goes.
Dude has destroyed the social system completely, caused food prices to explode and many other things with brutal consequences for the average citizen. Unhinged neoliberalism is definitely not the solution. A country isn’t a corporation.
