
Argentina’s recently elected classical liberal President, Javier Milei, stood on the global stage at the World Economic Forum in Davos, delivering a speech that echoed the sentiments of radical pro-capitalist philosopher Ayn Rand.
The libertarian leader took aim at what he perceives as the dangerous admiration of China’s crony socialism by powerful figures within the World Economic Forum.
Milei, often compared to an Argentine William Wallace, passionately advocated for the virtues of capitalism, urging business leaders and self-made millionaires, akin to those depicted in the characters of Rand’s magnum opus “Atlas Shrugged,” to embrace his agenda.
He declared, “I’m here to tell you that the western world is in danger… endangered because those who are supposed 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.”
Drawing parallels to Ayn Rand’s philosophy, Milei declared, “Do not surrender to a political class that only wants to stay in power… You are social benefactors, you are heroes.”
This sentiment resonated with Rand’s assertion, “I do not surrender my reason or deal with men who surrender theirs.”
In a fiery speech that blended neoclassical economics with a Trumpian fervor, Milei criticized collectivist economics, gender equality policies, and the encroachment of the state.
He boldly proclaimed, “Long live freedom, damn it!” as he passionately defended free-market capitalism against what he perceives as the failures of socialism.
The newly elected president, who took office last month amidst Argentina’s severe economic crisis, presented himself as a champion of small government and an opponent of bureaucratic elites.
His commitment to rolling back the Argentine state and taming rampant inflation above 200 percent has garnered attention and skepticism alike.
During his address, Milei challenged the audience with a historical perspective, arguing that humanity’s growth and wealth creation thrived before government interference in the market.
He particularly targeted socialists and their policies, claiming, “Impoverishment created by collectivism is no fantasy; it is an inescapable fate.”
Milei’s trip to Davos, marked by his refusal to charter a private flight, emphasizes his commitment to fiscal responsibility.
His presence at the summit, where he met with British Foreign Secretary David Cameron and is set to engage with the International Monetary Fund and French President Emmanuel Macron, signals a shift in Argentina’s approach to international relations.
As the maverick leader makes his mark on the global stage, he continues to champion the cause of free-market capitalism, presenting Argentina as an “unconditional ally” in the battle against what he sees as the encroachment of socialism and state intervention.
Whether Milei’s radical policies will lead Argentina to economic recovery or stir further controversy remains to be seen, but his Davos debut has undeniably left an indelible mark on the world’s political and business elite.