[dc-programmer]

It’s the regulatory capture that really imposes drag on innovation and actual growth. Oligopolies cement their position by lobbying for legislation that essentially pulls the ladder up behind them.

Argentina doesn’t really seem like the most salient example though because it’s a pretty unique country. On the other hand, Hungary’s backsliding into autocracy (and the reverence of certain western political groups towards its government) is a real cautionary tale for other countries.

[ipaddr]

Hungry is still reacting and moving to the right after the failed socialist governments who took over after the communist left. Hungry is going through a natural balancing act. Germany will shift back to right after years of going left.

Going left solves some issues and creates others. Going right same thing. A country needs to shift back and forth to evolve properly. Going too far left or right brings a correction next cycle.

[dc-programmer]

Hopefully they moderate. But freedom of the press is the keystone that holds a free society together. Once that is chipped away at by the government, it’s difficult to hold back the deluge