koper@feddit.nltoWorld News@lemmy.world•Argentina’s Milei marks one year in office. Here's how his shock measures are reshaping the economy | The Associated PressEnglish
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1 month agoIt’s sad to see people fall for this obvious scam. He’s using vague, unsubstantiated promises to legitimize a massive robbery of the working class. Poverty and unemployment are rapidly growing while the rich get richer. There’s no economic justification for this, it’s just grift.
“Something must be done. Milei is doing something, therefore that must be done”
See how that is a fallacy?
Argentina is the victim of decades of capitalist exploitation. There is no quick fix (no matter what the Wolverine-wannabe would have you believe). Cutting spending is probably part of the solution, but the distribution is crucial. Milei is mostly targeting the poor and selling out to foreign investors. That makes the numbers look good, but only benefits the rich.