David Hoffman(@TrustlessState):This is basically how socialism and communism bootstraps itself The tendency for politicians to make promises to the many by extracting from the few is too tempting “We give you free social services, and you keep on electing us” But of course, those in power inevitably become corrupt and the system locks itself in place, as all the capitalists move elsewhere or are jailed. Many such cases. This is why Milei in Argentina is such an incredible case study in a society trying to pry themselves out of the black hole of anti-capitalist Peronism, and why Argentina is such a good ally to have as nature heals down there.

2026.07.25 15:07

This is basically how socialism and communism bootstraps itself The tendency for politicians to make promises to the many by extracting from the few is too tempting “We give you free social services, and you keep on electing us” But of course, those in power inevitably become corrupt and the system locks itself in place, as all the capitalists move elsewhere or are jailed. Many such cases. This is why Milei in Argentina is such an incredible case study in a society trying to pry themselves out of the black hole of anti-capitalist Peronism, and why Argentina is such a good ally to have as nature heals down there.