Another "brilliant" pro business move by decree [again]

[Joe]

After so many failures with socialism, it surprises me many people still support it. The vast majority of the people in Cuba work for the government (actually from the looks of it the vast majority are unemployed). Those of you have been to Cuba know what a mess it is. How about China (PRC). The people's standard of living is going up daily - but in some ways China is NOW more capitalistic than the USA.

Whether the government is 'us' doesn't give me comfort. I'd rather a professional who wants to make a good profit by providing a good product or service is running the company. I don't really want Jose the taxi driver or Diego the union boss or some college professor with connections to the party running a company.

The basic problem with governments running things is the GOVERNMENT IS A MONOPOLY. Monopolies inevitably provide bad goods and services.

 

[ghost]

Censored again!

 

[marksoc]

Monopolies inevitably provide bad goods and services

Which is not true. See: roads, electricity, police, drinking water, HEALTH CARE, schools (in many countries), public transport (especially in Europe), etc etc. You have the "natural monopolies" (energy for example) whose privatization creates monsters such as Enron, and other monopolies in areas which are better served by the State since the search of profit goes against their purpose.

By the way, socialism is inevitable, the question is not if, but when. Political democracy emerged from the aristocratic system, and Economic democracy will do the same.

 

[notebook.fix]

So, where is the left there? Ok, from 1951 to 1955 you have the original Peronism, and after in the 1960s keynesianism, Sustitution of Imports, and stuff that I don´t remember too much about (especially because I was born after), but again, hardly "socialistic".

Do you remember when you were born? How old are you please?

Ok...I've decided this guy has to be smoking some very strong weed.

Joe, the proof is there....no use in trying to reason with this patient.

A message to the Kommrade:

Buy a one way ticket to kuba...don't take your laptop with you (leave it for your socialist Komrades here, they are part owners of it too!)

Marry a kuban Kommunist there, have children, send them to skool there...buy a house..etc...etc...write back & tell us all about it ...kan't wait to hear back from you!

Buen viaje ;-)

!! Ciao!~

 

[ghost]

Here's what it's like to morons like Moyano et al squatting on your board of directors. Pure hell from a business stand point.
http://www.marketwire.com/press-rel...entine-Subsidiary-Siderar-NYSE-TX-1429061.htm

 

[Joe]

Here's what it's like to morons like Moyano et al squatting on your board of directors. Pure hell from a business stand point.
http://www.marketwire.com/press-rel...entine-Subsidiary-Siderar-NYSE-TX-1429061.htm

If your managing an emerging markets mutual fund or ETF, you've probably have to start considering whether to dump your Argentine stock.

Brazil, Chile, Peru and Columbia all seem to be more business friendly.

 

[John.St]

The AFJPs (private "obligatory" pension funds) owned shares of companies, the government dissolved the AFJPs and the shares are now owned by the State, the State is asking to have a say in companies where it has a stake. That´s it.

Do you remember Chile in 1970-72?

Do you realize how dangerous to Argentina this move is?

 

[Amargo]

Ok...I've decided this guy has to be smoking some very strong weed.

Please be more tolerant to other opinions. This is the number one reason why I dislike the KKs, because they think everyone who does not share their vision (or whatever their goals are) are automatically golpistas, gorilas, tec.

Trying to impose your opinion on other people is wrong.

 

[ghost]

Trying to impose your opinion on someone is normal human behavior, they are free to accept it or reject it. However imposing your opinion by DECREE [not a majority vote of any representative body] is dictatorial and objectionable.

 

[LAtoBA]

After so many failures with socialism, it surprises me many people still support it.

One could easily say the same about capitalism in light of the global financial crisis of 2008, no? If that isn't an example of system failure I don't know what is. While I wouldn't consider myself an advocate of the socialist system I don't see anything wrong with the socialist elements that are a part of developed societies such as Australia, Norway, Sweden etc. The same 1% that owns 40% of the US's wealth and told us that the banks on Wall Street who received a hefty bail out because "they were too big to fail", have always made it a point to demonize socialism and extol the virtues of capitalism. While ultimately I don't think socialism is a viable alternative, capitalism is by no means an infallible system.

What should be surprising is that there are not more people taking to the streets (at least in the US) and at the very least questioning the current system.