this post was submitted on 07 Jul 2023
18 points (87.5% liked)

World News

32352 readers
412 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Maoo@hexbear.net -1 points 1 year ago

An excellent argument for building and protecting socialism in Latin America!

PS you should read up on how global financial coercion works. It's a liberal myth that a country can simply build autonomy without reckoning with their place in the world order. Countries in LatAm are placed in the global south by that order and when they try to step out of it and have autonomy, the US and the global north generally step in to screw them over.

This is not ancient history, either. Everyone has either lived through it or has parents that did. When Venezuela nationalized oil, i.e. acted on its autonomy over its own resources, it was hit with blanket sanctions, the full press propaganda effort, and repeated coup attempts. When Bolivia began building autonomy around its resources, including Lithium, it suffered a nearly successful coup attempt wherein the global north rapidly fell in line behind the Christian fascist coup government.

Now watch Argentina get continuously screwed by the global financial system that extracts their wealth and then forces them to change their societies in order to receive loans - societal changes that further impoverish the people and wreck their governmental and "civil society" institutions.