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View Diary: Neoliberalism Defied? The Argentine "Miracle" (148 comments)

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  •  Oh yeah, I forgot . . . (4.00)
    You cut taxes on foreign investment and remittances (i.e., when people pay their water bill in South America and the money winds up in Texas), and make up the difference by taxing personal income; see, foreign investors can pack up and leave if you squeeze 'em too hard, but your citizens can't -- so choke every penny you can out of them and give it to us!

    That's the fundamental problem with the global trade regime: it gives money more rights than people.

    "This ship is troubled only 'cause this ship we're on is sinking . . ." --Dave Matthews

    by catastrophile on Sun Dec 26, 2004 at 04:21:30 AM PST

    [ Parent ]

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