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Thank you buddy for tagging me :)
Yes, export taxes: under all previous socialist regimes, exporting was deemed, and I quote the textual concept they indoctrinated the population with:
"Exporting is a scheme by companies to increase revenue at the expense of argentinians, since by selling abroad, they can reduce the local stock and increase their prices locally, thus increasing margins by depriving argentinians of the production they are producing themselves in the first place".
This was part of the wider notion of the peronist mantra: "to live by our own means", which included the notion that imports should be outright banned as well, since importing "undermines the local industry".
So, heavily taxing exports (up to 50% in many cases, specially on agricultural production, where not outright banned, like some meat exports) and imports (100% tax minimum on anything, where not outright banned, like mechanical ventilators), is the way "the state can punish those depraved practices and take back the money those greedy companies tried to take away from the people, and give it back in programs of wealth redistribution". The absolute devastation this policies caused throughout decades and decades and decades are the reason vasts swaths of the territory look like if an indian shithole being ravaged by somalian gangs.
Of course. When you put it in context, I can recall the 70’s era development econ ideas that led to it.
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You refer to a revival of those ideas in the US? Just in case, all the peronist scheme started in full force on 1943, when peron got his first quote of power via a coup d'etat. There he started his populist frenze by presiding the Secretary of Work, which led to his presidency when the dictatorship he was part of allowed people to vote again (once they assured their support).
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Yeah, I feel like it took a while for all that socialist nonsense to infiltrate academic economics, at least in America.
Obviously, Keynesianism had been around for decades but I’m just talking about the application to developing countries.
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Hopefully, Milei can inspire people up there and help the revival of the American core libertarian values šŸ”„
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I wish. It seems apparent now that anyone straying from what the regime wants is going to be shot in the head or neck.
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I have faith šŸ™
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