Comment Re:Do not get fooled by Keynesian arguments (Score 1) 294
In other words, people don't have any hopes left. Low class people just don't care to progress (less than 40% finish highschool, unemployment in 20-somethings is huge). Middle class people don't have a future: you can't own a house unless you inherit one. High class people are usually those who in their late 20s migrated to the first world and got money from outside. One-percenters multiply they richness, bank stock has gained value like never before, etc.
The problem is that, for the last 90 years our people have consistently voted for interventionist governments. You can see the economic trends. In times of freedom, people from all over the world flocked to our country because we had plenty of work, extremely high salaries (compares to other countries) etc. But then people started to vote for Robin Hood State. Stealing from all, giving something to the poor, and keeping a nice cut. We had Fascist-Robin-Hood ("peronism", and military dictatorships) and we had Nice-Republic-Robin-Hood ("radicalism").
When the majority rules, the country gets the government that the majority deserves.
The problem is that, for the last 90 years our people have consistently voted for interventionist governments. You can see the economic trends. In times of freedom, people from all over the world flocked to our country because we had plenty of work, extremely high salaries (compares to other countries) etc. But then people started to vote for Robin Hood State. Stealing from all, giving something to the poor, and keeping a nice cut. We had Fascist-Robin-Hood ("peronism", and military dictatorships) and we had Nice-Republic-Robin-Hood ("radicalism").
When the majority rules, the country gets the government that the majority deserves.