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More and more parallels to Peronist econ are emerging in the US. All that is missing is a rationalization of taxes on exports. Both sides of the aisle seem oppo
by palmfacehn 1y ago
More and more parallels to Peronist econ are emerging in the US. All that is missing is a rationalization of taxes on exports. Both sides of the aisle seem opposed to laissez-faire liberalism.
- binary132 1y agohow on earth could market liberalism be underrepresented in American politics when it is so popular with billionaires?
- palmfacehn 1y agoPerhaps it isn't as popular as some tropes would suggest. Those who would buy influence would prefer state interventions in the market to benefit their interests, rather than an open playing field. The best way to sell those interventions to the public might be appeals towards "fairness" and the aforementioned tropes.
- binary132 1y agoare you saying capitalism doesn’t favor capitalists?
- palmfacehn 1y agoI'm happy to elaborate if you can be more precise with your question.
- binary132 1y agoIt sounded like you were saying regulatory capture is better than an open market for established players, but I’m saying I think when you hold all the cards being allowed to do whatever you want is even better.
- zombot 1y agoThe US have been a banana republic for decades, now they've also got the autocratic felon at the top to match.