A Libertarian President in Argentina?
Join Reason on YouTube at 1 p.m. Eastern for a discussion about the rise of Argentina's Javier Milei with Latin American libertarian activist Gloria Álvarez and Argentine economist Eduardo Marty.
Self-described libertarian Javier Milei surprised the world in Argentina's presidential open primary election last week by finishing first with 30 percent of the vote, ahead of candidates from both the country's dominant left- and right-wing parties.
Milei, the figurehead for La Libertad Avanza coalition, is an Austrian economist, has called himself an anarcho-capitalist, and has made a name for his fiery media appearances excoriating Argentina's "political caste" of "parasites." He's pledged to end Argentina's central bank and dollarize the economy, privatize its social services, cut taxes, create education vouchers, and abolish the health, education, and environmental ministries. His opponents and many in the media have repeatedly described him as "far right" and "a new Trump." Latin American political analyst Daniel Raisbeck, on the other hand, paints a more nuanced picture and warns pundits not to "confuse Javier Milei with Jair Bolsonaro."
Join Reason's Zach Weissmueller this Thursday at 1 p.m. Eastern for a conversation with author and radio and TV host Gloria Álvarez and Argentine economist Eduardo Marty to discuss the election, Milei's chances of victory in a country experiencing triple-digit inflation, the culture war he's fighting in Argentina, and what his rise says for the prospects of libertarian ideas in Latin America.
Watch the stream on Reason's YouTube channel.
Sources referenced in this conversation:
Argentina 2023 primary results
"Who is Javier Milei, Argentina's right-wing presidential front-runner?" by Sarah Dadouch
"Javier Milei shakes up Argentina's political scene," by the Economist Intelligence Unit
Milei: "My alignment with Bolsonaro and Trump is almost natural."
"What's in Javier Milei's head?" by Federico Rivas Molina
"Argentina Should Dollarize, Pronto," by Daniel Raisbeck and Gabriela Calderon de Burgos
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Call me a skeptic. I would love to see a libertarian President for Argentina and I do WANT to believe (cf. "The X-Files") that this might indicate a trend towards rationality in at least part of the third world. But I seriously doubt either of those possibilities. Thirty percent of the primary voters voting Libertarian means that seventy percent of the primary voters voted AGAINST the libertarian (if, indeed, he actually means what he says.) I doubt that a majority of the voters in Argentina have abandoned their previous stronghold of "I demand that the government help [your demographic here]!"
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A libertarian head of state in Argentina would be disastrous for Koch / Reason libertarianism in the US.
Because if there's one thing libertarians want, it's open borders. Imagine if Argentina scoops up all the desperate Mexicans and Ukrainians willing to work for poverty wages. How is Charles Koch ever going to grow his inherited fortune past the mid-60-billion range at which it's currently stagnating?
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The problem is the largest group of government supporters are not classified by income but by what government gives them makes it hard for a libertarian to govern very long. I'm convinced people don't want a government based on freedom and low taxes but rather wants a government that gives them benefits and taxes someone else.
Yes, but the reason that can only last so long before the next military coup is that sooner or later you run out of other peoples' money to spend.
No military coup will come, the only military coup that will come is from the damned Peronists.
He's gonna get suicided for sure
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Whoever did this was damn Cristina and Alberto Fernandez, Javier Milei and best option for Argentina.
It will be the same as a journalist and judge, who was committed suicide, because he was investing in Cristina, because of his involvement with corruption and terrorism, because the day before, he was found dead, Kristina Fernandez, a terrorist who defended a terrorist group that killed another 200 people, and Alberto Fernandez as her puppet, it was her government that killed Argentina once and for all, Javier Milei is the best option.
What does this have to do? Like this?
I believe he's running for the role of "Henchman #2" in a mid-budget 1970's English crime family TV series.
Holy shit, that’s fitting.
It's Alberto Fernandez who is Capanga, because in first place it's Cristina, Javier Milei is the better option.
And what about his appearance?
And what about his appearance? Well, I didn't understand well. Xd.
Has Reason contacted Libertarian International to see what they know about him or his supporters? LI has been networking with international libertarians for 40 years and would certainly have crossed paths with him if he is legit.
Argentina has its own libertarian party. Last I looked it was not anarcho-communism cross-dressing like the one in Peru. One good point is that Argentina legalized individual rights for pregnant women in 2020, forty-seven years after LP vote clout got the Supreme court to strike down chain-gang Comstockism banning birth control. But MyLai wants men with guns to force women to reproduce at gunpoint, like the Grabbers Of Pussy and Tea Party trainwrecks.
Where did you get this from? You're embarrassed to write shit like that, aren't you?
But it really needs it.
It is not clear to me how "Dollarizing" the economy of Argentina is a good idea. That just ends Argentina's central bank and cedes it to the United States. And that just allows Americans to profit off the country through their inflation. That way lies madness and consistently deteriorating standards of living as they work harder for dollars that are increasingly worth less.
True, but the American dollar is the least unstable fiat currency available for Argentina to peg to. Perhaps Argentina should have no official currency and deregulate bitcoin. Of course, tobacco certificates of deposit might work ... dunno ... maybe gold?
No, there are no other possible alternatives for this, and the best thing is to dollarize the economy of one, The only way to end inflation is to make the government stop making excessive money.
When I lived there, in the late '90's, the Argentine Peso was pegged to the dollar. It worked pretty well at stabilizing their inflation in an era immediately following a very repressive socially conservative and fiscally liberal military dictatorship.
And it sort of forced fiscal restraint, on both the people and the government. Goods were more expensive, still though, partly due to import duties and partly due to a 25% or so VAT on just about everything. In fact, Argentinians at that time were rather famously known as 'damedos' in other countries and especially the USA, because when they would hear the price of items, particularly electronics, they would often say 'give me two'.
Because the prices were stable enough that they knew they could take that extra one home with them and sell it. The import duties at the time allowed a 'personal' exemption for up to two of any item.
It was tried before in Argentina and failed catastrophically.
It's the government's fault, which took away the dollar's anchorage, It would be much better to create the "Argentine Dollar", leave it anchored in the US Dollar, after removing the taxation fixed to the dollar, that's when it got worse.
No, there are no other possible alternatives for this, and the best thing is to dollarize the economy of one, Argentina's central bank, and the country's cancer, this will prevent the government from generating money until it can no longer, the other possible would be to create the "Argentine Dollar", anchored to the dollar, plus the government will create more money, and this would increase inflation, there are no other alternatives.
There is no other alternative, The only solution for this is dollarization
The inflation there is now what’s driving the political appeal. Which makes sense.
But the reality is that debt-default isn't a simple solution - and that's where Argentina is going right now with eg Argentina using IMF to pay back crrency swap with China
Right-wing mystical collectivist prohibitionists caused every recession in America since 1907. They now try to ape the LP without ever reading our platforms. But Argentina has the shortest constitution in the caudillo republics, and that correlates with larger per cap GNP--until mystical bigots wreck it. The guy is definitely another Bolsonaro, so grab your wallet.
It was the left that ended Latin America, it was literally the one that was most responsible for the mediocrity of our countries, the right was also responsible, they are both the same scum, along with the United States government, and Javier Milei as president better , a filthy leftist or rightist, because every time a leftist president takes power in Argentina, they destroy the country, those who destroy Latin America the most and the left much more than the right, go do more research and see how neutrality, before writing shit, Alberto Fernandez's government is Cristina's, they were the worst, the left and most responsible for the destruction of Argentina, more than the right.
Stop commenting shit and garbage in the comments.
He's incapable of that.
I do not know enough about him to have an opinion but I am skeptical a libertarian would have mass appeal in a country that is fond of Marxism.
He is good at economics, and a bit eccentric, he has a background in economics, Their economic ideas are very good, except staying away from China as an ally, And young people are abandoning this idea of Marxism and left and right, he already has the presidency to win, if he is a good president, he managed to get a lot of young people out of Marxism, he has great support from the poorest among young people from the lower classes, More people will be Marxists, but there will not be a majority, the important thing is to show young people a good service of libertarian ideology