Message from @Timo)))

Discord ID: 333692777269428224


2017-07-09 19:28:47 UTC  

Chile's economy has been entirely propped up by governments though. Mostly it's own and America.

2017-07-09 19:29:14 UTC  

Their strongest industry is metal exports I think.

2017-07-09 19:29:25 UTC  

Not at all, the government was tyrannical on all points except economical

2017-07-09 19:29:40 UTC  

I didn't say tyrannical

2017-07-09 19:29:45 UTC  

There was a specific effort in the late 70's to make it a free market, not completely of course

2017-07-09 19:30:01 UTC  

they still had their state corporations but compared to the rest of south america it was

2017-07-09 19:30:29 UTC  

Well whatever they've two major industries that are talked about constantly.

2017-07-09 19:30:44 UTC  

Transportation and copper.

2017-07-09 19:31:10 UTC  

Their copper is managed by the government, and has been though the regime changes.

2017-07-09 19:31:11 UTC  

Yes, but so does Venezuela and Brazil, immensely rich countries in theory, poor in reality

2017-07-09 19:31:40 UTC  

Their trucking and whatnot has always been mostly private.

2017-07-09 19:32:30 UTC  

Utter failure, but logistically despite this the Chilean government has been able to manage to keep people fed under both Allende and Pinochet.

2017-07-09 19:32:36 UTC  

Even now

2017-07-09 19:33:05 UTC  

I never claimed they were a pure free market, but they did slash out a lot of the nonsense in that time

2017-07-09 19:33:08 UTC  

and it shows

2017-07-09 19:34:27 UTC  

What point are you trying to make?

2017-07-09 19:35:04 UTC  

All I'm saying is that the government intervened heavily to make sure the economy worked in a favorable way.

2017-07-09 19:35:09 UTC  

That the free market is better at meeting peoples needs than government

2017-07-09 19:35:21 UTC  

how so?

2017-07-09 19:35:21 UTC  

Not heavily at all compared to other countries

2017-07-09 19:35:57 UTC  

Government propping up businesses that can't stand on their own for example

2017-07-09 19:36:06 UTC  

an absolute money pit

2017-07-09 19:36:40 UTC  

A government owned company that makes money is no problem but most are not and suffer for it

2017-07-09 19:38:00 UTC  

Having a business being government owned doesn't mean much if it still is organized like a capitalist company.

2017-07-09 19:38:45 UTC  

I mean for a centralized industry it works great

2017-07-09 19:38:50 UTC  

A government business will never be organized like a capitalistic company, simply by the fact that it cannot fail.

2017-07-09 19:38:58 UTC  

Like for mining or transportation.

2017-07-09 19:39:08 UTC  

Worst(best) case scenario it gets sold

2017-07-09 19:39:31 UTC  

What kikeshit are you talking about boy?

2017-07-09 19:39:37 UTC  

Good reply

2017-07-09 19:40:03 UTC  

Everything is "government owned" in America

2017-07-09 19:40:11 UTC  

Not at all

2017-07-09 19:40:29 UTC  

If you don't pay your taxes you don't get to keep your stuff.

2017-07-09 19:40:45 UTC  

That's something else from actually making the decisions in that business

2017-07-09 19:41:28 UTC  

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

2017-07-09 19:42:07 UTC  

are you sure about that?

2017-07-09 19:42:09 UTC  

Government backed businesses never fail and for it it makes bad decisions

2017-07-09 19:42:14 UTC  

Absolutely

2017-07-09 19:42:33 UTC  

Why would a government worker who uses other peoples money make better decisions?

2017-07-09 19:42:57 UTC  

I don't expect either to be particularly great.

2017-07-09 19:43:12 UTC  

Doesn't have to be great, just better