Jack Albrecht
1 min readMar 23, 2023

--

No sarcasm: Please state directly why /how you define Argentina as a socialist country. Is it in your second paragraph, that the gov't is underfunded and people work for a gov't that has no money?

Every couple of years the US borders on the brink of defaulting on paying money that has already been appropriated. If the US were to default, would that make the US a failure of socialism because there are a whole lot of people (e.g. the armed services) that work for a gov't that has no money?

A constant critique from the right of socialism is that "sooner or later you run out of other people's money" - often combined with the fact that social democracies pay a higher percentage of their income to direct income taxes than in more capitalist countries (like the US).

Without knowing the details, if a gov't is underfunded then it by definition is taking in too little in taxes to pay for its government. That is how more capitalist countries - like again the US - generally run, not socialist ones (see previous paragraph). We (the US) have huge amounts of debt because we have set particularly corporate and high income tax rates ever lower and very low (respectively) since the 1980s.

So again, what specific policies and laws in Argentina lead you to classify it as "socialist." I looked on Wikipedia (a very pro-capitalist site) and they do not call it a socialist country. Looking forward to your analysis. I really don't know much about Argentina.

--

--

Jack Albrecht
Jack Albrecht

Written by Jack Albrecht

US expatriate living in the EU; seeing the world from both sides of the Atlantic.

Responses (1)