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The Economist Changes Tune on Javier Milei: Actions Deserve ‘to be Watched Closely Around the World’
No one on the left liked the idea of Javier Milei winning in Argentina, especially The Economist.
The publication has changed its tune since Milei, who has been president for a year, has elevated Argentina with his libertarian ways.
Gee, maybe, just maybe, people should listen to us libertarians. //
Yes. Milei is a true libertarian who has embraced small government, free markets, and Austrian economics. That is why Milei is the only politician I genuinely adore and support. I cannot believe I am agreeing with The Economist:
The left detests him and the Trumpian right embraces him, but he truly belongs to neither group. He has shown that the continual expansion of the state is not inevitable. And he is a principled rebuke to opportunistic populism, of the sort practised by Donald Trump. Mr Milei believes in free trade and free markets, not protectionism; fiscal discipline, not reckless borrowing; and, instead of spinning popular fantasies, brutal public truth-telling.
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What is fascinating is the philosophy behind the figures. Mr Milei is often wrongly lumped in with populist leaders such as Mr Trump, the hard right in France and Germany or Viktor Orban in Hungary. In fact he comes from a different tradition. A true believer in open markets and individual liberty, he has a quasi-religious zeal for economic freedom, a hatred of socialism and, as he told us in an interview this week, “infinite” contempt for the state. Instead of industrial policy and tariffs, he promotes trade with private firms that do not interfere in Argentina’s domestic affairs, including Chinese ones. He is a small-state Republican who admires Margaret Thatcher—a messianic example of an endangered species. His poll ratings are rising and, at this point in his term, he is more popular in Argentina than his recent predecessors were.
Milei practices what he preaches. //
Tiki | November 30, 2024 at 6:48 pm
Funny how the economist doesn’t mention how Kirchnerism (crony socialism) ruined Argentina.
There’s gonna be a major US-Argentine trade pact. Musk will be siting his southern hemisphere IT hub there. Watch to see who gets picked to be ambassador.
The Europeans/Internationalists want to lock us out of Brazil and SA, but Milei/Musk will to lock them out of SA tech.
Milei is powering an industrial renaissance via a deregulated oil industry.
Milei didn’t fall into the IMF trap.