“Long Live Freedom” — Argentinian President Javier Milei Trashes Socialism and Calls Out Elites at WEF (VIDEO)

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[–]no_u 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (19 children)

....freedom ONLY for the very rich

What a lying clown POS.

He'll do austerity for everyone and the only ones who will profit are the 'elites', WEF, .01%, etc. They're fucked.

[–]jet199 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (10 children)

Government money only makes the corrupt wealthy.

Capitalism is the only force which has lifted millions out of poverty all around the world.

[–]no_u 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (5 children)

The opposite:

Government is supposed to protect citizens from late state capitalism. (Far right governments don't do that.)

Capitalism takes several forms and late stage capitalism is where corporations are telling the government what to do, as has happened in the US since Reagan.

[–]jet199 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (4 children)

This goes against all evidence

Late stage capitalism is the secular version of the Book of Revelations and as real.

Marx through be was seeing it in his own lifetime but none of his predictions came true.

[–]no_u 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

No - it's the most advanced stage of capitalism, requiring monopolies to exploit labour and natural resources, and the exportation of finance capital, rather than manufactured goods. It can be sustained for long periods, but inevitably collapses. It's happened several times (Revelations discusses only one final event.)

[–]weavilsatemyface 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

This goes against all evidence

And what evidence is that? People say "it goes against the evidence" but don't give any evidence when there is none to give.

The WEF is one of the most clear examples of late stage capitalism you could imagine. A bunch of capitalists pushing for serfdom for everyone else. 15 minute bubbles for you and I, private jets and no international controls on currency for them. Insects for us, filet mignon for them.

Late-stage capitalism is often characterised by five things:

  • intensified wealth inequality;
  • exploitation of labor;
  • commodification of all aspects of life;
  • environmental destruction;
  • excessive corporate influence over politics.

I would also include a shift from industrial capitalism to finance capitalism.

There is no doubt that every one of those have become the norm. In the west, there was a period of decreasing wealth inequality due to industrial capitalism plus Keynesian economic policy, but that's long gone. It's not uncommon for two-income families with above-average incomes to be one paycheque away from financial disaster.

Worker exploitation is rising, again. While there are a few counter-signs, such as the push for a four-day work week in Europe, exploitation is prevalent. Just the tip of the iceberg:

I haven't even touched on the excessive influence of Wall Street and the banks on government, the collapse of supply chains, crony capitalism, environmental destruction, unsustainable farming driven by big agribusiness, corporate monopolies, unsustainable levels of personal debt, shrinkflation, etc.

CC u/no_u

[–]no_u 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Thanks for this.

Agreed

[–]binaryblob 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

Capitalism combined with a functioning legal system. If your competitor isn't advertising according to the rules (e.g. Tesla, because there are seemingly no rules in the US?), then competing becomes difficult.

For example Mercedes has some autonomous driving features, but due to fake US marketing from Tesla, even I have some voice in the back of my mind that perhaps the Tesla version works better, while the specifications don't agree, IIRC. That is, Mercedes offers higher guarantees in the EU than any Tesla model.

[–]weavilsatemyface 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

Capitalism is the only force which has lifted millions out of poverty all around the world.

And now capitalism is going to push them back into poverty 😄

Do you understand what capitalism is? If your answer mentions "the free market" or "personal ownership of property" you fail.

Hint: capitalism has only existed for a few hundred years. It has nothing to do with free markets or personal property, which have existed forever. The ideal economic system to a capitalist is one where your best buddies hold political power, you have a monopoly on your product, you are the only buyer for your suppliers, and there is enough unemployment that labour is cheap.

The conventional story is that "capitalism lifted millions out of poverty", but aside from giving capitalism credit for things completely unrelated to capitalism, it fails to ask the critical question: why there were so many millions in poverty in the first place?

Grinding poverty is not the natural state of human beings.

[–]SoCo 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

They don't fall for the "austerity" trick there anymore. They've learned the hard way a dozen times that "austerity" is simply turning off the government embezzlement machine and doing what it takes to become economically responsible again after liberals spent years robbing their country's credit card until it was empty, then singing up for a new card to make payments on the old. It is the same that the West has done for many decades and only lasted so long due to the ruthless control over society, market, and 'democracy' which full oppressive control over a government currency gives. Just look how the US wields the US dollar like a weapon, destroying democracies and installing dictators across the world, while squeezing its own people into poverty to fund the elite's next hair-brain whim.

[–]no_u 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Yes, decades of austerity, which will be followed by even more austerity, as Milei already suggests with his comments on the 'economic shock' to come. It's a long and complicated history, and we cannot refer in this case to liberalism or conservatism, when failed politics were part of a much bigger problem where Argentina could not compete with the "free market". A major turning point: Argentina was plunged into a devastating economic crisis in December 2001/January 2002, when a partial deposit freeze, a partial default on public debt, and an abandonment of the fixed exchange rate led to a collapse in output, high levels of unemployment, and political and social turmoil. There's much more here about failed policies.

[–]weavilsatemyface 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

They've learned the hard way a dozen times that "austerity" is simply turning off the government embezzlement machine and doing what it takes to become economically responsible again

https://files.catbox.moe/riux8b.gif

[–]WoodyWoodPecker 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

The Great Reset is socialism. It will take wealth away from the 99% and have them living in shipping containers eating bugs and being happy.

[–]no_u 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

AKA - austerity measures by far right assholes who call themselves libertarians so that they don't have to legislate.

[–]weavilsatemyface 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

What you describe is not even in the same galaxy as socialism. It's late-stage capitalism.

This is why we're doomed. The grifters have convinced millions of people that black is white, men are women, taking wealth from ordinary people and giving it to billionaires is capitalism, and war is peace.