Argentine President warns WEF at Davos to abandon socialism

Vambram

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Laodicean60

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I truly hope and pray that the entire world would abandon socialism.
"Milei, a libertarian economist, explained in a roughly 20-minute speech how socialism ultimately leads to poverty"
I wish we had a guy who knew economics in my government. I'm glad to hear someone going against the Davos types because they're doing what's best for them not for us. Some of Klause's ideas are stupid, like us eating bugs for protein while he; 's probably eating Zuckerburg beef.
 
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Vambram

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Britannica gives a very good and standard definition for socialism.
In my opinion, European nations such as Great Britain, Germany, France, and perhaps others in the past have had a limited form of socialism where the government has nationalized large businesses deemed vitally important enough for the security, and economic well being of their citizens.

Beginning in the late 20th century, the advent of what many considered a “postindustrial” economy, in which knowledge and information count for more than labour and material production, raised doubts about the relevance of socialism, which was in theory and in practice primarily a response to industrial capitalism. This conviction led to much talk of a “third way”—that is, a centre-left position that would preserve the socialist commitment to equality and welfare while abandoning class-based politics and public ownership of the means of production. In 1995 the British Labour Party under Tony Blair embraced the third way by forsaking its long-standing commitment to the nationalization of basic industries; in general elections two years later, the Labour Party won a landslide victory, and Blair served as prime minister for the next 10 years. Other heads of government who professed the third way in the 1990s included Pres. Bill Clinton of the United States, Chancellor Gerhard Schröder of Germany, and Prime Minister Wim Kok of the Netherlands.
In the 21st century, there is a rise in Market socialism according to Britannica.com

Critics on the left complained that the third way reduced equality to an equal chance to compete in economies in which the rich were growing ever richer and the poor were increasingly disadvantaged. Such a position, they insisted, is hardly socialist. But even these critics seldom called for a return to a centralist form of socialism; instead, they were more likely to advocate a decentralist form of market socialism. As the name implies, market socialism blends elements of a free-market economy with social ownership and control of property. Proposals have varied, but the basic idea is that businesses will compete for profits, as in capitalism, but they will be owned, or at least governed, by those who work in them. The workers in every business will choose their supervisors, control their working conditions, set the prices of their products, and decide how to share the profits—or to cope with the losses—of their enterprise. Market socialism is thus a form of “workplace democracy,” or “economic democracy,” that enables workers not only to vote in political contests but also to have a say in the economic decisions that affect them daily in their work.
 
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Bradskii

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In my opinion, European nations such as Great Britain, Germany, France, and perhaps others in the past have had a limited form of socialism where the government has nationalized large businesses deemed vitally important enough for the security, and economic well being of their citizens.
So there aren't any now. I'm not sure why there would have been a need to start a thread about someone complaining about something that doesn't exist.
 
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Vambram

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So there aren't any now. I'm not sure why there would have been a need to start a thread about someone complaining about something that doesn't exist.
Did you even take the time to read the rest of my response to your first post in this thread? Or do you actually and truly believe that there is not any type of socialism at all in Europe or other major areas of the world?
 
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Bradskii

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Did you even take the time to read the rest of my response to your first post in this thread? Or do you actually and truly believe that there is not any type of socialism at all in Europe or other major areas of the world?
Better than that I read what Milei said. What he was complaining about doesn't exist. And he so stretched the definition of socialism that it included feminism and climate change. If you started the thread to indicate that ol' Javier is talking through his hat then you've succeeded.

And please don't think about bringing up things like the universal health care systems that most civilised countries have. That's about as socialist as feminism. And Argentina has one. Has had one since the middle of last century. Maybe he's going to dismantle it!
 
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I truly hope and pray that the entire world would abandon socialism.


This is such an oversimplification of what happened in Argentina. Its success before 1930 was mainly fueled by an over-dependence on certain key commodities. When the prices collapsed so did the economy making it a victim of capitalism rather than socialism. With better planning before 1930 maybe they would have had a more balanced economy going into the Great Depression.

Since then there have been innumerable incompetent administrations largely characterized by failing to balance their budget - something the American Republican party is also notorious for. Also repeated interventions by the military have not helped matters at all encouraging a version of socialism that bore little reality to the conditions on the ground.

I would compare all of this with the German economy which models a version of what is called social democracy. It balances the need to encourage wealth creation with the responsibility to care for those left out, But it does so in a balanced way that does not borrow to spend.

When people criticize Argentina for being too socialist they are allowing ideology to filter out reality. The problem there has rather been complete incompetence and foolishness in the ruling classes for much of the last century.

 
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I am sad that people want the Veterans that have served this country to loose their Health Care but we must stamp out socialism every where we find it.
Didn't they earn their healthcare?
 
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Vambram

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Better than that I read what Milei said. What he was complaining about doesn't exist. And he so stretched the definition of socialism that it included feminism and climate change. If you started the thread to indicate that ol' Javier is talking through his hat then you've succeeded.

And please don't think about bringing up things like the universal health care systems that most civilised countries have. That's about as socialist as feminism. And Argentina has one. Has had one since the middle of last century. Maybe he's going to dismantle it!
Do you believe that the majority of voters in Argentina agree with what Milei said?
 
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Bradskii

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Do you believe that the majority of voters in Argentina agree with what Milei said?
If they know, as we do, that there are no socialist countries in any western democracy then...no. They are probably as puzzled about what he is complaining about as we are. Perhaps a little embarressed that the guy running their country knows so little about political systems.
 
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Vambram

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Using Britannica.com's website, I showed different definitions of the types of socialism. Although you disagree, I do believe that some of those different kinds of socialism does exits in the western hemisphere.
 
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Bradskii

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Using Britannica.com's website, I showed different definitions of the types of socialism. Although you disagree, I do believe that some of those different kinds of socialism does exits in the western hemisphere.
Pity that Javier wasn't talking about them. If he was, you'd have a point. He wasn't, so you don't.
 
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Vambram

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Pity that Javier wasn't talking about them. If he was, you'd have a point. He wasn't, so you don't.
Pity that you probably do not know exactly what he was talking about.
 
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Vambram

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How could I not? I literally read what he said.
I also literally read what he said and I can see that he was not talking about the socialism from the 80s and 90s.
 
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Bradskii

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I also literally read what he said and I can see that he was not talking about the socialism from the 80s and 90s.
'Milei reiterated his opening warning that the West is in danger, asserting that the political and economic establishments in countries that are supposed to defend free market values, private property, and other libertarian ideas are instead “opening the doors to socialism” and potentially condemning their peoples to “poverty, misery, and stagnation.”

“Because it must never be forgotten that socialism is always and everywhere an impoverishing phenomenon that failed in all the countries where it was tried,” Milei said. “It was an economic failure. It was a social failure. It was a cultural failure. It also took the lives of 150 million human beings.”

Tell me one western democracy that's giving socialism, as he describes it there, another crack of the whip.
 
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Ana the Ist

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I truly hope and pray that the entire world would abandon socialism.

I don't think they're inherently socialist. I think they simply want to control all commodities. They're good at assessing values of financial markets....bad at assessing values of ideas. I'm not very concerned about the WEF.
 
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Using Britannica.com's website, I showed different definitions of the types of socialism. Although you disagree, I do believe that some of those different kinds of socialism does exits in the western hemisphere.

It's important to note what is and is not a market when determining what to incentivize through capitalization.
 
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