Message from @Timo)))
Discord ID: 333692626438193152
I'm somewhat ignorant of Brazilian politics. To be honest.
Chile's economy has been entirely propped up by governments though. Mostly it's own and America.
Their strongest industry is metal exports I think.
Not at all, the government was tyrannical on all points except economical
I didn't say tyrannical
There was a specific effort in the late 70's to make it a free market, not completely of course
they still had their state corporations but compared to the rest of south america it was
Well whatever they've two major industries that are talked about constantly.
Transportation and copper.
Their copper is managed by the government, and has been though the regime changes.
Yes, but so does Venezuela and Brazil, immensely rich countries in theory, poor in reality
Their trucking and whatnot has always been mostly private.
Utter failure, but logistically despite this the Chilean government has been able to manage to keep people fed under both Allende and Pinochet.
Even now
I never claimed they were a pure free market, but they did slash out a lot of the nonsense in that time
and it shows
What point are you trying to make?
All I'm saying is that the government intervened heavily to make sure the economy worked in a favorable way.
That the free market is better at meeting peoples needs than government
how so?
Government propping up businesses that can't stand on their own for example
an absolute money pit
A government owned company that makes money is no problem but most are not and suffer for it
Having a business being government owned doesn't mean much if it still is organized like a capitalist company.
I mean for a centralized industry it works great
A government business will never be organized like a capitalistic company, simply by the fact that it cannot fail.
Like for mining or transportation.
Worst(best) case scenario it gets sold
What kikeshit are you talking about boy?
Good reply
Everything is "government owned" in America
Not at all
If you don't pay your taxes you don't get to keep your stuff.
That's something else from actually making the decisions in that business
The fact is that no one will make better decision for a company than the man who has a risk to lose it all or win it all
are you sure about that?
Government backed businesses never fail and for it it makes bad decisions
Absolutely
Why would a government worker who uses other peoples money make better decisions?
I don't expect either to be particularly great.