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This is a common argentinian conception, and it is a big misconception. Gov corruption is a lot worse in the united states. It's just that corruption is not a 1
by GabrielBen 4y ago
This is a common argentinian conception, and it is a big misconception. Gov corruption is a lot worse in the united states. It's just that corruption is not a 1-1 correlation with the success of an economy.
Argentina has a poor economy because it is a half-capitalist half-socialist country.
- vkou 4y agoMany of the European social democracies are also half-cap, half-soc countries, and they have far fewer economic problems. They have a very different monetary system, though, and some of them are successful because the Euro lets them export their economic problems to their poorer neighbours.
- GabrielBen 4y agoArgentina is way more socialist as measured in a controlled economy than europeans - some taxes are higher than 80% of net income and often exceeding gross income as well. It is also way more capitalist than the US by having a large part of the population paying less than 5% income taxes. The country is hard enough to explain without the constraints of a browser textbox.