Argentina has formally announced it won't join the BRICS bloc of developing economies. Friday's announcement is just the latest in a dramatic shift in economic policy triggered by Argentina’s new far-right President Javier Milei.
  • Skua@kbin.social
    5·
    10 months ago

    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

    • PolandIsAStateOfMind@lemmy.ml
      105·
      10 months ago

      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.

      • Skua@kbin.social
        5·
        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

      • HobbitFoot @thelemmy.clubEnglish
        14·
        10 months ago

        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.

        • PolandIsAStateOfMind@lemmy.ml
          64·
          10 months ago

          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.