Argentinian President's Libertarian Ideas Challenge Elite Economic Thinking at Davos Forum
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World Economic Forum delegates represent a smug, self-regarding elite that benefits from regulations and government spending. Libertarians like Argentina's President Milei threaten their worldview.
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Milei argues that most prevalent Western ideologies are variants of collectivism that make people poorer. Markets and less government intervention tend to produce better outcomes.
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Milei's libertarianism is dismissed as "extreme" despite just arguing against hurting people and taking their stuff.
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Intellectuals continue to insist state control can be benign, despite the consistent failures of socialism and heavy regulation everywhere tried over the past century.
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If allowed to implement his pro-market agenda, Milei can reverse a century of economic decline in Argentina. That European elites see him as beyond the pale reflects poorly on their countries' economic policies.