Hacker News new | ask | show | jobs
by facialwipe 545 days ago
Average monthly income for Argentines is a few hundred dollars a month. The largest private employer in Argentina is headquartered in Uruguay.

Argentina is essentially living a Hunger Games reality. An economy designed to solely benefit the capital. Everyone else exists to extract resources for the capital.

1 comments

Argentina is an economy weakened by Peronism, an ideology that constantly interferes with the free markets, with excessive regulations that incentivize rent-seeking and unproductive businesses.

It'll be much richer if it was designed to "benefit the capital," but it's far from it.