Protests erupt in Argentina against President Javier Milei’s economic shock decree
Protests erupt in Argentina against President Javier Milei’s economic shock decree - Argentina Reports
From everything I've heard about the election in Argentina, it was the meeting of "Anything is better than this" and "it can always get worse." The former won, and proved the latter correct.
Argentina needs shock therapy to realize milei is a dumbass
That's what I thought about the US and Trump, yet here we are...
Kirchner and croneys did soooooo much damage and noone spoke up except milei
Even if he is a moronic religious extremist, he's still RIGHT about many things.
And the people just wanna get rid of NARCO DICTADORS OF THE LEFT KIND.
All in all, extremism isn't good. It leads to dictators collaboration with drug lords and ruzzia/china
Milei — who has been described as an anarchocapitalist — set out to reduce the government’s involvement and oversight in many aspects of Argentina’s economy, including announcing that he would privatize many state-owned companies, would decrease labor protections and remove regulations that limit the amount of agricultural and productive land that can be owned by foreign companies.
Argentina going full GOP
RIP Argentina. I don't know the situation that led to this, but man, that sounds real, real bad for the average Argentine people.
Here's one bit of context. Under the other candidate, the one this guy Milei ran against, who was the economic minister of the previous government, in September inflation reached 124%.
In case you were wondering why Milei won.
You also need to know the bigger history of Argentina's last century of economic decline.
Argentina is taught as a case study in undergraduate economics courses in 'how not to manage an economy'.
The Economist have a good video on the current crisis (Why is Argentina’s economy such a mess? ) and this one about the broader trend since the 1900s/10s.
Argentinian should just bear it for a bit until multinational corporations swoop in and buy various assets dirt-cheap. Imagine all the future profits! /s
Fuck around and find out. I'm so sorry for everyone who was duped by libertarians pretending they will do anything for regular people and not just the wealthy shareholders, everyone who was held back by economic sanctions in a war against 'muh socialism', and all those who saw the obvious coming but were dragged into it by the other rubes. This is going to suck. I hope the protests will work
At some point, I risk a coup.
Oh joy. Skyrocketing rent combined with plummeting wages.
This isn't going to destroy their economy at all...
That’s a right wing populist figure for you.
Can this guy step down yet?
Yeah in 8 years!
Yeah these were not organic. Notice that they stopped after a week
Nah it's not that it's libertarianism failing it's just that idiots version of it failing
What they'll say when it fails or next time someone else tries to implement their ideals
then immediately turn around and mock communists for saying something similar.
But what will Lemmy communists say when you point out USSR and China?
He just didn't libertarian hard enough.
That's what Communists always say, the only one they worship is Lenin cuz he didn't have time to do anything anyway.
True libertarianism has never been tried bro
It's been a while since I even bothered arguing with libertarians, but wouldn't they just point to Hong Kong and South Korea?
I'm not a libertarian, I'm a social democrat.
The last century has been a total and unmitigated disaster for Argentina. The two options Argentinians had in this election were:
Unsurprisingly, they went for the latter. I don't think anti-libertarians get to gloat in this context, given it's the Argentinian establishment which has overseen one of the most remarkable examples of total state-collapse and economic failure in modern history.
This makes a lot of sense if you pretend he didn't say or promise anything during the campaign.
The calculation shouldn't be "chance of things getting worse", but "expected value of how much worse it'll get".
I don't actually know anything. But casually to me it looked like a choice between 160% chance of it getting worse and a 300% chance of getting worse. And it's not very surprising at all in these circumstances many go for the latter for all sorts of reasons (and delusions). But I don't actually know anything.
FTFY
That's bad math. Yes, if you put the same people in office. There's nearly 100% chance that they will continue doing what they have been doing. Good or bad. But if you put a lunatic with a grudge against reality in office. Who is aligned, or would align himself with the people who caused the problem before. You have 150% chance that things will get worse.
Mate one dude was hearing voices and talks with his deceased dogs...how can you say "wild card" with a straight face?
Oof, yeah that's not a good choice.
Argentina could've just gone for a new currency again
What's the previous case study?
This is a good one: https://newrepublic.com/article/159662/libertarian-walks-into-bear-book-review-free-town-project
The book is called, "A Libertarian Walks into a Bear."
Look up Kansas Ave Oklahoma. It got so bad for them they had to cut school to 4 days per week and that was before the pandemic.
Lol what policies? Everyone for themselves?
Who is John Galt? Looks like we're about to find out.
It's the key ideological problem with the book. Rand was right that people do not inherently owe anyone else the fruits of their labor, but wrong about who was holding the world on their shoulders. It wasn't the handful of elite, but the masses without whom the elite would be living in caves and running from bears.
Who is John Galt? We the people are.
And yes, throughout history pretty much every authoritarian regime ultimately collapses or sends their country back decades in progress by not knowing that lesson.
Yet it never seems to actually be learned.
They'll come out of the woods and start claiming he wasn't a true libertarian.
New York cut their libraries so who's the real loser?
After a century of Peronism, the current state of Argentina isn't a case study about libertarianism. Quite the opposite.
Actually everything that's wrong with Argentina is because of British colonialism. You haven't read enough Foucault, clearly.