A Miracle in Argentina?

A Miracle in Argentina? By Phiipp Bagus.

The left-wing zeitgeist is rolling over the freedoms of citizens almost unhindered; most shockingly during the Covid crisis. The left tries to paint anyone who stands in the zeitgeist´s way as an extremist or even a Nazi.

Against this background, what can a successful strategy look like? …

His policies would destroy the upper/bureaucratic class:

Javier Milei is making a splash on all sides, because on August 13, 2023, he won the primaries for the presidency in Argentina. In the German media, he is described as ultra-right and ultra-libertarian. Recently, the Financial Times … insinuated that the libertarian Milei would follow the strategy of right-wing populism designed by Murray Rothbard in 1992 …:

  1. Radical tax cuts
  2. Radical reduction of the welfare state
  3. Abolition of privileges for “protected” minorities
  4. Crushing criminals
  5. Getting rid of bums
  6. Abolition of the Federal Reserve
  7. A program of America First (anti-globalist and isolationist)
  8. Defending traditional family values …

Milei wants to radically reduce taxes. He never tires of calling taxes what they are, theft. He also wants to radically grind down the welfare state and likes to illustrate the reduction in government spending and his proposal of reducing Argentinian ministries from 18 to 8 with a chainsaw. His “Chainsaw Plan” is intended to radically trim the state.

Milei repeatedly speaks of equality before the law as a fundamental liberal principle and wants to abolish privileges for minorities. As a result, he repeatedly clashes with radical feminists who defend legal privileges for women.

The imprisonment of criminals is also on Milei’s agenda. Gun freedom is in his program so that victims can defend themselves against criminals. Those who refuse to work are no longer supported by the state in his Argentina.

Milei also has the 6th of Rothbard’s points in his agenda: Milei wants to abolish the central bank of Argentina. Using right-wing populist rhetoric he aims to physically blow up the central bank. In doing so, he would wipe out the power of one of the most inflationary central banks, which willingly financed all Peronist and Kirchnerist spending programs. He wants to dollarize the country and open it up to currency competition. …

Milei likes to point out that Argentina was one of the richest countries in the world at the beginning of the 20th century thanks to classical liberal policies and was destroyed by socialism in the 20th century. In 35 years, Milei promises, Argentina can be a superpower again. The prerequisite for this to happen is a return to libertarianism. …

His tactics are bold:

Milei has been very present in the public debate in Argentina for years. He gained fame as a polarizing and fiercely arguing talk show guest. Later, he decided to create his own party to lead the culture war against socialism and statism more effectively and to bring the right ideas to more people.

 

 

His rhetorical strategy in debates is vociferous, belligerent, and is sometimes perceived as offensive (if the truth can be offensive at all). He does not allow himself to be intimidated or belittled by left-wing opinion-makers. In a debate, he simply shouts louder than the leftists, whom he calls “Zurdos”, and interrupts them to tell them to their faces that they are saying an absolute stupidity and have no idea what they are talking about. You should read Hayek, Mises and Rothbard first, Milei recommends to them. He also calls leftists and politicians parasites and thieves, in a debate. For taxes are theft.

In keeping with Rothbard’s strategy of right-wing populism, he clearly names the profiteers of the state apparatus. He rails again and again against the caste of politicians and bureaucrats. He calls them parasites that live at the expense of the hard-working and decent citizens. … So-called social justice is a monstrous injustice because it means unequal treatment of people before the law. It is a fig leaf for envy and resentment.

Milei’s emotional and polemical nature resonates with many, especially among young people. After winning the primaries in mid-August, he has legitimate hopes for the Argentine presidency.

How bad does it have to get before someone like Milei is embraced? 116% inflation and a century of relative under-performance, apparently.