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Economics Explained
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Comments by "" (@shauncameron8390) on "Why Argentina Is Doomed to Fail Over and Over Again" video.
@fbrcrss Inequality is the the natural consequence of living in a free (market) society as people are not equal in aspirations, skills, luck, aptitude, etc.
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There's barely anything capitalist about Argentina.
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Every leftist's favorite scapegoat for their own failures.
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LOL.
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How so? Argentina hardly allows foreign competition.
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Especially Argentinians who are not used to living within their means.
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Or populists.
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@totoro5421 <because capitalisms don't give a f about wellbeing.> And neither does socialism especially when it runs out of other people's money to tax to give an F about well-being. <Stop peddling your liberal ideology BS.> Put down the Marxist Kool-Aid.
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And a general public who much rather sacrifice the country's long-term viability for short-term comfort.
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Not really. Whatever successes socialist economics achieved have always been short-lived.
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And so are the people who elected them.
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At least Brazil is fiscally competent.
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Due to Argentina's own fiscal irresponsibility.
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Austerity wouldn't be needed if the economy wasn't mismanaged into bankruptcy.
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<Greedy corporatists won't let more egalitarian social system prevail > Who needs them when Argentinian government and society are doing a much better job at not letting it prevail?
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@jonassavimbi4795 Like Brazil.
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Not in Greece's, Jamaica's or Venezuela's cases as the left ruined them.
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It was colonized by Spain.
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And being a refuge for Nazis.
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Why voting should have never been made a right.
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Argentina was never under sanctions. Come up with a better excuse.
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