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Welcome to Argentina’s Javier Milei

November 22, 2023 By Richard C. Young

Javier Gerardo Milei, Chief Economist, Corporacion America, Argentina at the World Economic Forum on Latin America in Panama City 2014. Copyright by World Economic Forum / Benedikt von Loebell. License.

Argentina’s new president, Javier Milei has said that “for the first time ever,” the left “is cornered.” Argentinians have rebelled against the leftist regimes that have governed the country into the ground for decades, and chosen a different future. Tom Woods writes in his letter:

Milei describes himself as an anarcho-capitalist, and one of his dogs is named after Murray Rothbard. He’s made no bones about wanting to shut down one department after another. And yes, I know we’ve heard that one before, but the point is this: he pledged to make radical changes in a good direction and a considerable majority of people in effect said they had no problem with it.

It’s appropriate that he should have a dog named after Rothbard, because not only does he believe in Rothbard’s ideas when it comes to liberty and economics, but he also adopted the strategy of libertarian populism that Rothbard recommended. As Fernando Chiocca pointed out on the Mises Institute’s website, instead of politely debating the ideas of the other side as the well-behaved libertarians would have had him do, Milei roundly denounced them in ways that awakened the public instead of putting them to sleep.

And let’s put it this way: he is not exactly naive about the left.

From a recent media appearance:

“If you think differently from them they will kill you!… You can’t give sh** leftists an inch. If you give them an inch they will use it to destroy you…. You don’t negotiate with trash because they will end you!… We’re not only superior economically, we are morally superior, we are aesthetically superior, we are better than they are at everything. And that triggers them. And since they can’t beat us with real arguments, they just use the repressive apparatus of the state, with loads of taxpayer money, to destroy us. And yet they’re still losing!… Leftists are losing the cultural battle. For the first time ever, they are cornered.”

On foreign policy Milei seems to hold conventional opinions — opinions I would consider disqualifying in the U.S. But I’m not particularly concerned about Argentinian foreign policy, so I can overlook them.

Now, to anticipate the black-pilled response, let me clarify: even if Milei were a complete phony, the landslide victory of someone who ran on an unmistakably libertarian and populist message remains significant. As Jeff Deist put it, “This is not about Milei or his views — but about the perception of his views and the willingness of millions to vote for him based on those perceptions.”

Read more here.

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Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
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