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Javier Milei

economist, politician and president of Argentina since 2023

Javier Milei (born 22 October 1970) is an Argentine politician and economist who has served as President of Argentina since December 2023. Before his election, he was an anarcho-capitalist economist who supported the Austrian School. He was elected on a right-wing libertarian populist platform which blamed Peronist economic and political institutions for Argentina's economic decline and promised radical reforms including taxation cuts; government spending cuts; privatizations; the abolition of the Central Bank of Argentina and many government ministries; the withdrawal of Argentina's BRICS applicaiton; closer relations with the United States; and more distant relations with China and Russia. He also supported legalization of firearms, drugs, sex work, and LGBT rights, although he opposes legalization of abortion, euthanasia, and admission of immigrants with criminal records.

Javier Gerardo Milei in 2023

Quotes

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Speech of Argentina's President Javier Milei at Daos -- Transcript January 18, 2024 at Davos, Switzerland

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  • “Speech of Argentina’s President Javier Milei at Davos – Transcript” Eurasiareview
  • Today I'm here to tell you that the Western world is in danger. And it is in danger because those who are supposed to have to defend the values of the West are co-opted by a vision of the world that inexorably leads to socialism and thereby to poverty
  • Thirty five years after we adopted the model of freedom, back in 1860, we became a leading world power. And when we embraced collectivism over the course of the last 100 years, we saw how our citizens started to become systematically impoverished, and we dropped to spot number 140 globally.
  • If we look at the history of economic progress, we can see how between the year zero and the year 1800 approximately, world per capita GDP practically remained constant throughout the whole reference period.
  • We should remember that by the year 1800, about 95% of the world’s population lived in extreme poverty. And that figure dropped to 5% by the year 2020, prior to the pandemic. The conclusion is obvious.
  • Far from being the cause of our problems, free trade capitalism as an economic system is the only instrument we have to end hunger, poverty and extreme poverty across our planet. The empirical evidence is unquestionable.
  • If the goods or services offered by a business are not wanted, the business will fail unless it adapts to what the market is demanding. They will do well and produce more if they make a good quality product at an attractive price. So the market is a discovery process in which the capitalists will find the right path as they move forward.
  • But if the state punishes capitalists when they’re successful and gets in the way of the discovery process, they will destroy their incentives, and the consequence is that they will produce less.
  • The pie will be smaller, and this will harm society as a whole. Collectivism, by inhibiting these discovery processes and hindering the appropriation of discoveries, ends up binding the hands of entrepreneurs and prevents them from offering better goods and services at a better price.
  • Countries that have more freedom are 12 times richer than those that are repressed. The lowest percentile in free countries is better off than 90% of the population in repressed countries. Poverty is 25 times lower and extreme poverty is 50 times lower. And citizens in free countries live 25% longer than citizens in repressed countries.
  • Now what is it that we mean when we talk about libertarianism? And let me quote the words of the greatest authority on freedom in Argentina, Professor Alberto Benegas Lynch Jr, who says that libertarianism is the unrestricted respect for the life project of others based on the principle of non-aggression, in defence of the right to life, liberty and property.
  • In other words, capitalist successful business people are social benefactors who, far from appropriating the wealth of others, contribute to the general well-being. Ultimately, a successful entrepreneur is a hero.
  • It should never be forgotten that socialism is always and everywhere an impoverishing phenomenon that has failed in all countries where it’s been tried out. It’s been a failure economically, socially, culturally and it also murdered over 100 million human beings.
  • The market is not a mere graph describing a curve of supply and demand. The market is a mechanism for social cooperation, where you voluntarily exchange ownership rights. Therefore based on this definition, talking about a market failure is an oxymoron. There are no market failures.
  • If transactions are voluntary, the only context in which there can be market failure is if there is coercion and the only one that is able to coerce generally is the state, which holds a monopoly on violence.
  • However, faced with the theoretical demonstration that state intervention is harmful – and the empirical evidence that it has failed couldn’t have been otherwise – the solution proposed by collectivists is not greater freedom but rather greater regulation, which creates a downward spiral of regulations until we are all poorer and our lives depend on a bureaucrat sitting in a luxury office.
  • Libertarianism already provides for equality of the sexes. The cornerstone of our creed is that all humans are created equal and that we all have the same inalienable rights granted by the Creator, including life, freedom and ownership.
  • Unfortunately, these harmful ideas have taken a stronghold in our society. Neo-Marxists have managed to co-opt the common sense of the Western world, and this they have achieved by appropriating the media, culture, universities and also international organisations.
  • Fortunately there’s more and more of us who are daring to make our voices heard, because we see that if we don’t truly and decisively fight against these ideas, the only possible fate is for us to have increasing levels of state regulation, socialism, poverty and less freedom, and therefore, worse standards of living.
  • We have come here today to invite the Western world to get back on the path to prosperity. Economic freedom, limited government and unlimited respect for private property are essential elements for economic growth. The impoverishment produced by collectivism is not a fantasy, nor is it an inescapable fate. It’s a reality that we Argentines know very well.
  • The case of Argentina is an empirical demonstration that no matter how rich you may be, how much you may have in terms of natural resources, how skilled your population may be, how educated, or how many bars of gold you may have in the central bank – if measures are adopted that hinder the free functioning of gdps, competition, price systems, trade and ownership of private property, the only possible fate is poverty.

Quotes about Javier Milei

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