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Comment by confusedcitizen

In fact, he does mention Peron's protectionism being a root cause (along with depression and wars) for Argentina's financial woes today. He states that protectionism, regulation, large state enterprises (which are anti-capitalistic themes) have never been 'particularly good for growth'.

I feel he does start of with the capitalistic premise. Only later is education hypothesized as a major culprit.

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