Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> Liberalization will be painful but then things will get better.

Has this ever worked anywhere to take an empoverished country out of their miserable situation?

Also, this completely ignores the context of the region. South American history is littered with examples of politicians that promised easy solutions to deep, complex issues.



China, Bangladesh, India, and Chile come to mind.

I don't know if Milei will succeed but his recipe for success (liberalization) is correct. No one is claiming that it's easy.


Argentina has generally higher income and better standards of living than China during the 80s, India and Bangladesh later on. It cannot follow the same path of industrialization based off extremely cheap labor, nor it has the population to pull that trick.

And I really hope you are not using Chile under Pinochet as a good example of anything.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: