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Argentina formally announces it won't join the BRICS alliance in Milei's latest policy shift (apnews.com)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 8 points 10 months ago* (last edited 10 months ago) (1 children)

Is he a good economist, though?

Considering his academic career, he has to be at least well regarded by academia circles. It does not of course preclude he is outright incompetent hack, but it stronly point out that he's established figure in mainstream economics.

Of course he wouldn't be first and not the last of "great economists" that run a country into the ground, but just as in case of people like balcerowicz or chicago boys, it's not because incompetence but because dogmatically following utter nonsense and being the pawn to imperialism (to be fair at this point the question of competence stops being relevant).

[–] [email protected] 5 points 10 months ago (1 children)

I fully agree that Milei is at best dangerous to Argentina, but the country's economy has been kinda fucked up for a while. Inflation has been mad and growth has been generally negative for at least a decade

[–] [email protected] 5 points 10 months ago (2 children)

Yes, but neoliberal shock therapy is not gonna make it better. If you look at history of neoliberalism, it made everything worse every single time.

[–] [email protected] 5 points 10 months ago

It looks like I actually replied to the wrong person accidentally. I had meant to post that under Virkkunen's comment rather yours. I do agree with you though

[–] [email protected] -3 points 10 months ago (1 children)

But what is going to make it better?

The problem is that the election was between Captain Anachrocapitalism and a continuation of Peronist policies which included a lot of government intervention.

He was won because he ran against everything the government represented.

[–] [email protected] 2 points 10 months ago (1 children)

But what is going to make it better?

Maybe organizing workers into political representation. I know it's not easy, but desperate voting for a fucking ancap just to get a change from bad to much worse is not it, unless someone is accelerationist.

[–] [email protected] -1 points 10 months ago (1 children)

So once you organize, what do you do?

What policies do you implement?

[–] [email protected] 1 points 10 months ago

They scream for they do not know