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0 sats \ 4 replies \ @SwearyDoctor 21 Dec 2023 \ on: Milei Starts Privatization news
this is why argument by principle and not by actual rich context goes wrong.
They'll be selling these to Blackrock and other Western corporations in symbiosis with the US government, in effect aiding the empire in destroying Argentina's sovereignty (even more).
Now, the US is already doing lot of that, but this guy, into he pocket of the US as he OBVIOUSLY is, is just speeding the process along.
Dollarization was another point in this plan, which only failed for now because the people he now runs have told him that to do that, you actually need dollars, which they don't have.
A state that owns half the economy and infrastructure is a tyrant. Its reps turn into a canarilla of corrupt plunderers. No thanks
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that's what I mean with "purely principled arguments fail".
in a vacuum world, sure! But we don't live in a vacuum world, and the actual one is full of a host of tyrants.
For south american countries, those US corporations and the US empire they're in bed with is by far the larger tyrant; they are the reason why the resource-richest countries in the world are reduced to producing cheap raw materials to export to the west.
This happens in a currency constantly devalued by the fiat system in place in service of Western governments, keeping wages and prices low so you can pick up lithium, beef, and wood on the cheap, while they make 0 cars or computer components (they can't. The IMF, i.e. an arm of Western corporations and governments, doesn't give them money if they try. Bitcoin does fix this.)
THIS privatization sells the little they have from one tyrant to a bigger one.