Protests erupt in Argentina against President Javier Milei’s economic shock decree

Rapidcreek@lemmy.world to World News@lemmy.world – 282 points –
Protests erupt in Argentina against President Javier Milei’s economic shock decree - Argentina Reports
argentinareports.com
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Argentina is about to become the latest case study that libertarians refuse to acknowledge when you tell them their policies don't work.

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.

What % of countries failed via communist policies vs countries that failed via libertarian policies? The top countries are liberal capitalist democracies. Anyone still simping for communism in 2023 is 9/10 times a brainlet child loser who lives in the west, never having suffered in a communist shithole, and decided to hang all their failures in life on being a victim of their country's cApiTaListiC liBerAlisM. EDIT: tankie coping clowns (lemmy is full of them) downvote yet have nothing of substance to say zzzzzz

Somehow personal failings never happened in communism? I am from a formerly communist nation. Capitalism has been a disaster.

Communism is bad for the people who want money. Capitalism is bad for everyone except the person who wants to hoard money.

If your country failed/is failing, it's hard to hang it on capitalism when, again, all top countries are liberal capitalists. It's more likely due to corruption/mismanagement than capitalism. And no matter how much it's failing, it's not failing at a soviet famine or great leap forward level is it?

Communism is bad for the people who want money. Capitalism is bad for everyone except the person who wants to hoard money.

this is just a cringe and childishly reductive statement that means nothing.

Is liberal capitalism how you describe centuries of colonial rule in Asia, Africa and the subsequent wealth drains?

Are you sure you're not misattributing their success to capitalism and ignoring the centuries of colonial wealth that flowed to the EU nations? Whenever I mention this in a EU space or those with westerners I get heavily downvoted. It looks like Europe doesn't want anyone to remember their Dark Ages through colonial periods.

Europeans just don't want that closet of skeletons to be opened.

Are you sure you’re not misattributing their success to capitalism and ignoring the centuries of colonial wealth that flowed to the EU nations?

Are you sure you're not ignoring all of the countries that are dominating out there that didn't participate in colonial shenanigans and were even victims of them? Are Norway, Switzerland, Sweden, Finland, New Zealand, Ireland, South Korea, Taiwan, etc... ex-colonialist powers currently benefiting from the past profits of exploiting others? Tankies like to pretend the West only prospers exclusively from colonialism yet conveniently forget that the communist shitholes they simp for participated in just as much or even worse colonialism than the West (see: Soviet Union). The truth is liberal capitalist democracies are just better. Yes, we should implement many socialist policies, and many of these countries do. But to pretend that communism is a better path is just braindead ignorant childish thinking.

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They'll come out of the woods and start claiming he wasn't a true libertarian.

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:

  1. More of the same by the guy who oversaw inflation reaching 160% (100% chance of things getting worse)
  2. A total wild card (99.9% chance of things getting worse)

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.

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.

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.

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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.

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

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...

We had the same in the UK with Brexit and Boris. We assumed that because everything is shit, backing people looking to do drastic changes that experts agreed was horrific was worth it. It wasn't, and now people are even poorer...

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

No, the current policies are just getting reality and practice closer together.

IRL their money was ALREADY devalued soooooo much, he didn't do anything to change that, just adjusted it to reality.

Subsidies on imported oil is CRAZY for a bankrupt country. YOU GUYS HAVE NOT UNDERSTOOD WHAT IT'S LIKE TO HAVE DECADES OF 100% OR MORE INFLATION PER YEAR.

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.

Protests of FREE LOADING PROFITEERS, yeah.

My conservative dad won't stop harping on Venuzuela, I think he's about to get a taste of his own medicine.

They are chanting against the IMF... why?, I thought....

oh...

BUENOS AIRES, Dec 9 (Reuters) - A U.S. delegation gave its support to Argentine President-elect Javier Milei over talks with the International Monetary Fund (IMF) and developing its lithium sector during a meeting in Buenos Aires on Saturday, a White House official told Reuters.

Juan Gonzalez, adviser to U.S. President Joe Biden and the National Security Council's Western Hemisphere senior director, said the talks, a day ahead of Milei's inauguration, were "very positive" and focused on the country's embattled economy.

https://www.reuters.com/world/americas/us-offers-argentinas-milei-support-imf-lithium-white-house-adviser-2023-12-10/

Ah yes! a moment of clarity. Carry on, then. As usual.

Just wait till the bears start showing up.

Libertarians never plan for the bears.

Enjoy Reverse Wolverine, Argentina!

Yeah these were not organic. Notice that they stopped after a week