Alexander Markovics critically examines the radical policies of Argentina’s new president, Javier Milei, raising serious concerns about the future of Argentine sovereignty and social stability.
‘On the Path to Becoming a Stock Exchange Colony’
Making politics with a chainsaw: This could describe the policy of Argentina’s new president, Milei. After decades of social democratic mismanagement, he aims to get Argentina back on track with a ‘shock therapy’ reminiscent of Pinochet, by exceeding the demands of Western institutions like the IMF through libertarian measures. The national currency, the peso, is to be abolished and replaced with the dollar. Massive social cuts are planned to help manage the national debt. In short, ordinary Argentinians are expected to pull the cart out of the mud, and now they are even allowed to sell their own organs.
Although the president, who converted to Judaism, opposes abortion, he simultaneously welcomes a debate on the right to sell one’s children. The endgame of ‘anarcho-capitalism’ is thus the exploitation of human bodies for the free market and a clear path for wealthy paedophiles. In a word: ‘predatory capitalism’. In foreign policy, relations with trading partners like Russia, China, and Brazil are to be largely severed. Instead, Argentina should align with the West, including support for wars in Ukraine and Palestine — he says no to a sovereign Latin America in a multipolar world.
The question undoubtedly remains whether he will succeed with his measures: Argentine judges have already scrapped individual social reforms, mass protests accompany his social cuts, and Milei has not further damaged relations with China, the second-largest creditor, beyond the cancelled entry into the BRICS nations. Javier Milei is no messiah — rather, he seems like a Frodo Baggins who, at the end of The Lord of the Rings, keeps the One Ring of Power for himself instead of throwing it into the volcano. Under him, Argentina is on the path to becoming a US stock exchange colony, precisely invoking the spectres of bone-crushing communism that Milei claims to fight.
(translated by Constantin von Hoffmeister)
Milei came in like a cross between Ayn Rand, Donald Trump and Groucho Marx: completely unserious, a nice way to say fraud.
Maybe, he was Sam Brinkman-Fried on steroids but couldn't get a date. We're not sure if it was the chainsaw or the hair cut but, hey: Sam Brinkman-Fried was really no Casanova either other than being a lot less picky.
The big give away was Melei's choice of Western bankers: predators.
Milei is another Zelesnky: a predatory comedian: a shining example of everything that can go wrong with free enterprise and democracy. The "individual" he's talking about isn't you or me. It's him and his banker friends. He'll be camping out in Florida with Zelensky and Natenyahu before long.
If it weren't for guys like Milei, Karl Marx would never had had a chance.
Milei is what makes "kill the bougeosie" a good idea, from time to time.
More on Milei :
https://www.youtube.com/watch?v=FOIXQ0XjSA0&t=417s
He can read a map?
And not fall for the multi polar trap?
The other 2 poles are in the Eastern Hemisphere.
Argentina 🇦🇷 is not.
In the 19th century the Greeks and Slavs discovered that even when Orthodox or Slavic ties were professed the Tsar was busy and far away- too far.
(Serbia being the exception in 1914 perhaps).
As for the pole in Peking, Africa may like the renminbi but China’s neighbors like the US Navy.
In short Moscow and Beijing are toying with the Global South, Millei can read a map and would rather not be a libertarian Venezuela or Cuba, in particular with Moscow and Beijing on the other side of the world. Multi polar works in Asia, it’s not going to sail the Pacific or Atlantic.
I don’t even care for Libertarianism, I think sadly some of these bad things will happen, but given his real constraints I don’t know what else he’s to do - and in fairness he’s been elected to do exactly what he is doing.
He’s keeping his explicit word.