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This is a common argentinian conception, and it is a big misconception. Gov corruption is a lot worse in the united states. It's just that corruption is not a 1-1 correlation with the success of an economy.

Argentina has a poor economy because it is a half-capitalist half-socialist country.

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Many of the European social democracies are also half-cap, half-soc countries, and they have far fewer economic problems.

They have a very different monetary system, though, and some of them are successful because the Euro lets them export their economic problems to their poorer neighbours.

Argentina is way more socialist as measured in a controlled economy than europeans - some taxes are higher than 80% of net income and often exceeding gross income as well.

It is also way more capitalist than the US by having a large part of the population paying less than 5% income taxes.

The country is hard enough to explain without the constraints of a browser textbox.

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