Alan C. Posted August 8, 2014 Posted August 8, 2014 Argentina calls for international action against "anarcho-capitalism" Reddit (where I first heard about this) Original Article Google Translation The Argentine government on Tuesday called steps to fight the "anarcho-capitalism" which puts the world under the "sword of Damocles" from "tiny groups" as vulture funds, which believes that there are instances of appeal in the Court of The Hague to unlock the conflict debt.In his daily briefing, the chief of staff of the Argentine Government, Jorge Capitanich said today that the world can not be under the "anarcho-capitalism"."The world can not be with the sword of Damocles of tiny oligarchic groups" who "conspire against the stability of the economic and financial system" and violate "the status of a sovereign country" with an "unacceptable level of usury," he said Capitanich in reference to the conflict with the vulture funds. Also found this older article: Cristina Fernandez: "We live in an anarcho-capitalism system and we must stop it" Funny stuff. Argentina is in all kinds of trouble, none of which has anything to do with anarcho-capitalism.
LanceD Posted August 8, 2014 Posted August 8, 2014 This is so bizarre.Do you think this is a strategy to besmirch the ideas behind AnCap similar to how our current economic system is called capitalism, even though it is far from it.
Cosmin Posted August 9, 2014 Posted August 9, 2014 No strategy, it's just demagoguery and fear mongering, also known as politics.
Mr. Binary Posted August 10, 2014 Posted August 10, 2014 I'll send this to my friend in Argentina, he's gonna have a blast.
st434u Posted August 10, 2014 Posted August 10, 2014 It might be relevant to mention that Argentina's minister of economy (what would be analogous to the secretary of the treasury in the US) is openly a marxist and has taught marxist economics in various public universities.
Pleiades Posted August 10, 2014 Posted August 10, 2014 Well, Argentina's doing great, guys! They don't need any type of capitalism when they are gearing up for their second round of hyperinflation in a decade!
Sal9000 Posted August 10, 2014 Posted August 10, 2014 What happened to Argentina one a small scale has always been very common. See L'Argent by Zola for more details. He describes the speculators pretty astute. http://en.wikipedia.org/wiki/L%27Argent
Ace Posted August 12, 2014 Posted August 12, 2014 It's not their style certainly. The Argentinian government's economic strategy for years has basically been to borrow lots of money and then never pay it back. They prefer that system.
nathanm Posted August 13, 2014 Posted August 13, 2014 The question now is, can we say "ARGENTINA" when asked, "Give me ONE example of an anarcho-capitalist system working ANYWHERE!"? No of course not, it's the question of which no answer is ever acceptable to the idiot asking it. Oh well.
Jeremy Dahl Posted August 15, 2014 Posted August 15, 2014 Let's hope their plan to battle anarcho-capitalism is as successful as the United States attempt to topple communism.
st434u Posted August 15, 2014 Posted August 15, 2014 The question now is, can we say "ARGENTINA" when asked, "Give me ONE example of an anarcho-capitalist system working ANYWHERE!"? No of course not, it's the question of which no answer is ever acceptable to the idiot asking it. Oh well. No, they're saying that it's the rest of the world that is under anarcho-capitalism. i.e. the US, Canada and Europe. Apparently they think everybody should have the same insane capital controls and restrictions/bans on imports and exports as Argentina has. Ironically, it might be that Argentina is actually closer to an anarcho-capitalist system, because well over 50% of the real private economy now effectively functions in the black market, although paying all sorts of bribes to govt. agents wasn't exactly what Rothbard had in mind. Still, because Argentina is at a point where basically everything that isn't mandatory is illegal; and because bribed govt agents can't always be trusted, the situation in Argentina is more dire than just about anywhere else in the world. At the end of the 19th century it was one of the richest and fastest growing countries in the world, everybody wanted to move to Argentina and make a great living for themselves and their family. Now it's hard to find a worse place to be in. Real inflation is running at 50-60% and increasing fast (and yes, people still use the official currency, though not for all transactions, but for most). crime is rampant, wages are a joke ($2.35 an hour is considered a good paying job, and overall living expenses are about the same as anywhere else), over half of the population is largely or entirely dependent on government aid or govt jobs as their main or only source of income and necessities. Everything that isn't taxed heavily is subsidized heavily. Argentina is a short distance away from total government planning of the structure of production, and it's stepping on the gas. Still, there are those like Doug Casey who have hopes in the government becoming irrelevant through widespread corruption and just people ignoring them. I'm not one who shares that optimism. While I agree that those are good things, I don't think it's nearly enough. Ideologically, just about everybody is a hardcore socialist, and getting worse. The "right-wing" would make Obama look like a minarchist, and I'm not talking just about the politicians, I mean the actual people and what they think. At least this is the case in the major cities. Perhaps in more rural areas people are more self-sufficient and more liberty-oriented, but I think their ideas would probably flip very fast if they were on the opposite side of the redistribution.
Recommended Posts