lecoqsportif
Well-known member
It’s a mix. The public spending needs to focus on public assets (infrastructure, education), poverty mitigation and essential services (the 911 stuff). But, a lot of economic activity should be supplied by private enterprise. If a good is citizen centric, like health care and education, it is a public good. But consumer centric stuff like Aerolinas Argentina should be privatized. And for
sake, don’t bankroll the public sector with printed money. Some public sector jobs will be eliminated and maybe pensions will be reformed. Simply put, they are not economically productive enough to maintain their standard of living.
They’ve dug themselves into a really big fucken pit. There will be pain, no matter what. But as they contemplate vast economic reforms, it needs to go hand in hand with a political accord that is essentially a social contract. What is the public sphere, and hence the concern of citizens, and what is private. My concern with Milei is that he’ll take them down the Chilean Chicago Boys route, which worked well for the oligarchs, but not so much for the others and eventually led to a political crisis over pension reform.

They’ve dug themselves into a really big fucken pit. There will be pain, no matter what. But as they contemplate vast economic reforms, it needs to go hand in hand with a political accord that is essentially a social contract. What is the public sphere, and hence the concern of citizens, and what is private. My concern with Milei is that he’ll take them down the Chilean Chicago Boys route, which worked well for the oligarchs, but not so much for the others and eventually led to a political crisis over pension reform.
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