Argentine never had a socialist economy, it´s had incompetent capitalism with a series of oversized subsidies and overdone regulations. All capitalist economies subsidize some activities. Subsidies are not socialism, socialism requires government or worker ownership of the primary means of production, which has not been the case of Argentina, where most economic activity has been in private hands. Incompetent capitalism is a danger unto itself, one doesn't need socialism to bankrupt a country.
There is only one way of improving the material situation in a country and that is by increasing production. You have to create more goods and service to share across the population, and to export. There is no other way. Milei understands this.
Milei has turned Argentina around for the better in less than a year. Us workers no longer have to guess what we'll find or how much we'll have to pay when we go grocery shopping at the supermarket
There are only 20 comments so far. That's hardly any comment for a UA-cam video from a channel of 3 million subscribers. Also, this channel caters to English audience.
It will not work. Without in-flowing money into the system, it can't work. Nobody will invest in Argentina right now, the debts and the inflation are too high. Only an investment program to increase productivity can work.
Fire the person that picked the music for the intro immediately!
You need to update data of Argentina economic development
You can't undo the damage of over a decade of socialism to a capitalistic market in just one year.
Argentine never had a socialist economy, it´s had incompetent capitalism with a series of oversized subsidies and overdone regulations. All capitalist economies subsidize some activities. Subsidies are not socialism, socialism requires government or worker ownership of the primary means of production, which has not been the case of Argentina, where most economic activity has been in private hands. Incompetent capitalism is a danger unto itself, one doesn't need socialism to bankrupt a country.
A decade? More like a century.
@@daniellevin5279 Argentine has not had capitalism, it has had a welfarist, socialist economy where the State has a huge influence over the economy.
@@askeladd60 Adam Smith thought Government needed to have a huge influence over the economy.
@davidli9328 was argentina socialist? wow, never knew the means of production were owned by the state. Could you please show me a citation for that?
There is only one way of improving the material situation in a country and that is by increasing production. You have to create more goods and service to share across the population, and to export. There is no other way. Milei understands this.
Milei has turned Argentina around for the better in less than a year. Us workers no longer have to guess what we'll find or how much we'll have to pay when we go grocery shopping at the supermarket
you just won't have money to buy things 😂
🌸🌸🌸Welcome 🌹🌹🌼🌼🌷🌷Kate🌷🌷🌼🌼
Lex Fridman - Javier Milei President of Argentina (1.3M views)
What is that supposed to mean?
@@Jason_Blaha Lex Fridman - Javier Milei President of Argentina (1.3M views)
@@vititom That does not explain what that is supposed to convey
The Neoliberal economic policies and IMF prescriptions would keep pushing ordinary Argentinians into extreme poverty.
land last 40 years of Peronists socialism and neomarxism is innocent :)
@@Miami-kl8kqsocialism is not when government does stuff
interesting that most comments in here are in English...
There are only 20 comments so far. That's hardly any comment for a UA-cam video from a channel of 3 million subscribers. Also, this channel caters to English audience.
It will not work. Without in-flowing money into the system, it can't work. Nobody will invest in Argentina right now, the debts and the inflation are too high. Only an investment program to increase productivity can work.