Home News President-Elect Javier Milei ‘No Anarcho-Capitalist’- Ex Greek Finance Minister

President-Elect Javier Milei ‘No Anarcho-Capitalist’- Ex Greek Finance Minister

President-Elect Javier Milei ‘No Anarcho-Capitalist’- Ex Greek Finance Minister
TOPSHOT - Argentine presidential candidate for the La Libertad Avanza alliance Javier Milei waves to supporters after winning the presidential election runoff at his party headquarters in Buenos Aires on November 19, 2023. Libertarian outsider Javier Milei pulled off a massive upset Sunday with a resounding win in Argentina's presidential election, a stinging rebuke of the traditional parties that have overseen decades of economic decline. (Photo by Luis ROBAYO / AFP) (Photo by LUIS ROBAYO/AFP via Getty Images)

In a surprising turn of events, Argentina has elected Javier Milei as its new president, a self-proclaimed anarcho-capitalist and libertarian economist. Milei has promised to dismantle the state, abolish taxes, and free the market from any regulation. He has also expressed his admiration for the likes of Ludwig von Mises, Murray Rothbard, and Ayn Rand.

However, not everyone is convinced that Milei is a true anarcho-capitalist. In a recent interview with The Guardian, former Greek finance minister and anti-austerity activist Yanis Varoufakis said that Milei is “no anarcho-capitalist, but a neoliberal in disguise”.

Varoufakis argued that Milei’s policies are not consistent with the principles of anarcho-capitalism, which is a radical form of libertarianism that advocates for the elimination of the state and the establishment of a voluntary society based on private property and free association. According to Varoufakis, Milei’s proposals would only benefit the wealthy and powerful, while leaving the majority of the population in poverty and insecurity.

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“Anarcho-capitalism is a utopian fantasy that has never been implemented anywhere in the world. It is based on the assumption that human beings are rational and benevolent, and that the market can solve all social problems. But this is not the reality we live in. The market is not a natural phenomenon, but a social construct that depends on rules and institutions. Without a state to enforce these rules and institutions, the market would collapse into chaos and violence,” Varoufakis said.

Milei’s platform is based on the principles of individual freedom, free markets, minimal state intervention, and sound money. He advocates for the abolition of the central bank, the elimination of taxes, the privatization of public services, and the adoption of a gold standard. He also opposes any form of social welfare, public education, or health care, arguing that they are inefficient and immoral.

Milei’s supporters see him as a visionary leader who can rescue Argentina from its chronic economic and social crises, which they blame on the corruption and incompetence of the previous governments. They believe that Milei’s policies will unleash the entrepreneurial potential of the Argentine people and create a prosperous and harmonious society.

Milei’s critics, on the other hand, view him as a dangerous extremist who will plunge Argentina into chaos and anarchy. They warn that Milei’s proposals will destroy the social fabric and the democratic institutions of the country, leaving it vulnerable to violence and foreign intervention. They claim that Milei’s ideology is incompatible with the values and realities of the Argentine culture and history.

Varoufakis also pointed out that Milei’s admiration for Mises, Rothbard, and Rand is misplaced, as they were not anarcho-capitalists themselves, but classical liberals or minarchists who supported a limited role for the state in providing public goods and protecting individual rights.

“Milei is not an anarcho-capitalist, but a neoliberal in disguise. He wants to use the rhetoric of freedom and individualism to justify the domination of the few over the many. He wants to privatize everything, from education and health care to security and justice. He wants to create a society where the rich can do whatever they want, while the poor have no rights or opportunities. He wants to turn Argentina into a playground for oligarchs and corporations, while destroying its culture and democracy,” Varoufakis concluded.

The election of Milei has generated a lot of controversy and uncertainty in Argentina and abroad. Many observers are curious to see how Milei will implement his radical agenda and how it will affect the country’s economy, society, and relations with other nations. Some are hopeful that Milei will bring positive change and innovation to Argentina, while others are fearful that he will cause disaster and instability.

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