The Argentine Miracle

Javier Milei’s administration in Argentina provides a blueprint for politicians looking to uproot entrenched left-wing interests The post The Argentine Miracle appeared first on The American Conservative.
Mr. Normand Douglas · 3 days ago · 3 minutes read


The Maverick Libertarian: Javier Milei and the Rise of Libertarian Populism

The Argentine Enigma: From Chainsaw to Presidential Chair

Javier Milei, an eccentric libertarian economist, has taken Argentina by storm. Despite his unconventional appearance and controversial views, he has amassed a loyal following both within Argentina and beyond.

The Economic Savior: Rescuing Argentina from the Brink

Milei's election campaign was built on the promise of resolving Argentina's crippling hyperinflation. He immediately launched a bold "megadecree" that drastically cut regulations, lifted subsidies, and paved the way for privatization.

Initially, these measures brought economic hardships, with inflation continuing to rise and poverty levels climbing. However, within months, Milei's efforts began to show results. Inflation plummeted, and the economy has since rebounded remarkably.

The Anti-Establishment Crusader: Confronting the "Zurdos de Mierda"

Milei's populism is not traditional right-wing populism but rather a libertarian populism that targets the "zurdos de mierda" (leftist scum). His rhetoric is harsh and often laced with vulgarity.

Milei rails against the Argentine political establishment ("la casta"), calling them corrupt and incompetent. His social media savvy and his ability to connect with young Argentines propelled him to the presidency.

The Political Genius: Coopting and Destroying the Enemy

Milei's true brilliance lies in his understanding of political institutions. He realizes that the Argentine left maintains its power through bureaucratic and institutional control.

Milei first coopts allies, using their expertise and support to build his coalition. Once he has gained strength, he ruthlessly dismantles their institutional power in swift and decisive strokes.

The PRO Dilemma: Absorbed or Annihilated?

Initially, PRO, a center-right party, formed an alliance with Milei. However, as Milei's popularity and success grew, PRO's position became precarious.

They found themselves unable to assert their independence by opposing Milei's initiatives, as it alienated their electorate. Despite Macri's attempts at negotiation, PRO has effectively been absorbed into Milei's movement, its influence greatly diminished.

The Massa Reckoning: Purging the Allies

Massa, who initially provided support to Milei, eventually became a target. Milei's decree dismantled Massa's stronghold, the Federal Administration of Public Revenue (AFIP), purging political appointees and installing his own allies.

This pattern of cooptation and destruction has been employed across various institutions, including the intelligence services, universities, and state enterprises.

The Milei Model: A Tempting Option for Frustrated Populations

Milei's unique brand of libertarian populism has resonated with populations weary of left-wing encroachment and the failures of established political systems.

Should Milei continue to deliver economic prosperity while dismantling left-wing institutions, his model may become an increasingly appealing alternative for frustrated citizens in America and beyond.