Argentina

Peronism

It was a huge success

The only time fascism fails is when other fucking countries come in a decide "muh democracy" is more important

"saddam's baathism was a failure because burgers declared war on iraq"

@Levi No, it's failed before. It wasn't really that great in Italy, the success was only temporary.

but it has worked

Argentina is doing terrible rn

And they’re using a strong state intervention economy

And Peronism did not work

Hong Kong was very free and they went up

Peronism got it unfree and it went down

Peronism working is like Venezuela working

Pretty sure they defaulted on the debt too

The disastrous railroad debacle is largely indicative of Perón’s failed economic policies as a whole. During his term, Argentina grappled with soaring inflation and a skyrocketing deficit. Inflation jumped from 3.6% in 1947 to 15.3% in 1948, and up to 23.2% in 1949. This dramatic increase in the cost of living essentially undermined Perón’s earlier wage increases— precisely the reason why railroad workers went on strike in 1950. Arturo Echague, a construction engineer on the rails, stated that “Perón has not done so much for the workers as he makes out that he has done...And insofar as wages are concerned, they may have gone up, but prices have gone up even faster, and so the worker is the loser.”

In addition to inflation, the ballooning deficit loomed as a grave and growing problem. The huge rise in public spending caused the national debt to reach $160 million by 1949.

@The Big Oof @Pinochet

Fascism has destroyed countries , everywhere economically and socially

That’s why Peronism failed

Same with Italy

And Nazi Germany

Fascist everything except for economy which is capitalist?

It is not

The economy was socialist

Fascism is a form of socialism

But what if fascism had a capitalist economy is my question

It wouldn’t be fascist

True

@sɪᴅɪsɴᴏᴛʜᴇʀᴇ GDP per capita is stupid though

It doesn't take in account the well being of the populace

Chile had mass poverty and income inequality under pinochet

But the GDP was high

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@everyone

BoringTube™

Not sure.

Probably.

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