Introduction
Argentinian politics has a reputation for being chaotic, volatile, and unpredictable. This trend continued in November 2023, with the election of self-proclaimed anarcho-capitalist and libertarian, Javier Milei. Milei is an economist who has won favor with the Argentinian public for his commitment to dollarizing the economy.
His plan to make the US Dollar Argentina’s native currency and shut down the country’s Central Bank has been viewed as one of the only viable options to escape the plague of growing poverty and an ever-inflating peso. 40% of the country’s population lives in poverty.
Milei’s ideology of Anarcho-capitalism advocates for the elimination of centralized state control of money and instead favors a system where transactions are voluntary, private, and based on market principles.
In an op-ed for The Economist, Milei stays true to these philosophies and is brutal in his assessment of Argentina’s…
