To: Dec31,1999
Most industry in Mexico was nationalized. Pay scales were set by law. For extended periods asking for a raise was a jailable offense.
South American nations are also largely socialize/ command economy. The government runs things, and does so poorly, thus resulting in mass poverty and all those things people incorrectly blame on capitalism. The problem isn't capitalism, it's government.
125 posted on
06/15/2003 6:30:34 PM PDT by
discostu
(If he really thinks we're the devil, then lets send him to hell)
To: discostu
Thanks for the information, but can you provide any documentation or at least, details for anyone else who might be lurking?
Quite a fascinating post.
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