Even though I have no crystal ball, as an economics major, I will make a prediction (which I have made before)… This reckless experiment in anarcho-capitalism will end in tears. It will fail. This is not what I wish for the Argentinian people. They deserve better. But I cannot see how this radical experiment can possibly work. Time might prove me wrong, of course; but I doubt it. — © Mark Alexander
Showing posts with label anarcho-capitalism. Show all posts
Showing posts with label anarcho-capitalism. Show all posts
July 24, 2026
Argentina: Inflation Crashes, Poverty Rises, Inside Javier Milei's Revolution | Documentary - JV
Even though I have no crystal ball, as an economics major, I will make a prediction (which I have made before)… This reckless experiment in anarcho-capitalism will end in tears. It will fail. This is not what I wish for the Argentinian people. They deserve better. But I cannot see how this radical experiment can possibly work. Time might prove me wrong, of course; but I doubt it. — © Mark Alexander
August 08, 2025
Argentina: Chainsaw Economics, Dead Dogs & Milei Mayhem | Mehdi Hasan & Diana Mondino | Head to Head
Aug 7, 2025 | In 2024, Argentina’s far-right President Javier Milei launched an economic overhaul that slashed public spending, gutted state institutions and triggered massive protests. The government dubbed it “chainsaw economics”.
Critics say it’s deepening poverty and pushing the country into chaos, while Milei continues to make headlines for bizarre behaviour, including claims he takes political advice from his dead dog’s clones. So who is really running Argentina – and at what cost?
Mehdi Hasan goes head-to-head with Diana Mondino, who served as Milei’s foreign minister before being abruptly fired. She defends the president’s policies, brushes off Milei’s personal attacks, and distances herself from his more extreme views, including his support for organ sales and his insults towards the late Pope Francis.
Joining the discussion are:
Matias Vernengo – Economics professor at Bucknell University and former official at Argentina’s Central Bank
Maxwell Marlow – Director of public affairs at the Adam Smith Institute
Martina Rodriguez – Member of the Argentina Solidarity Campaign and the Feminist Assembly of Latin Americans
Spanish (Latin American) subtitles are available.
Critics say it’s deepening poverty and pushing the country into chaos, while Milei continues to make headlines for bizarre behaviour, including claims he takes political advice from his dead dog’s clones. So who is really running Argentina – and at what cost?
Mehdi Hasan goes head-to-head with Diana Mondino, who served as Milei’s foreign minister before being abruptly fired. She defends the president’s policies, brushes off Milei’s personal attacks, and distances herself from his more extreme views, including his support for organ sales and his insults towards the late Pope Francis.
Joining the discussion are:
Matias Vernengo – Economics professor at Bucknell University and former official at Argentina’s Central Bank
Maxwell Marlow – Director of public affairs at the Adam Smith Institute
Martina Rodriguez – Member of the Argentina Solidarity Campaign and the Feminist Assembly of Latin Americans
Spanish (Latin American) subtitles are available.
August 05, 2025
Milei Tames Inflation, but Argentines Still Struggle to Afford Basics
Aug 5, 2025 | Argentina’s government has slashed inflation from a record monthly high of 25 percent in 2023, to around two percent last month. But its economic policies have made housing, health and education more expensive.
Al Jazeera’s Teresa Bo reports from Buenos Aires, Argentina on who's struggling and who's benefitting.
Al Jazeera’s Teresa Bo reports from Buenos Aires, Argentina on who's struggling and who's benefitting.
March 14, 2025
They Are Fuming at Javier Milei’s Cuts
I said from day 1 that Javier Milei’s anarcho-capitalism with his ridiculous, symbolic chainsaw is NOT what Argentina needs. It is no long-term solution. It’s all going to end in tears. Only the well-heeled will be spared the misery. The majority of Argentinians will descend into abject poverty. This is so hard for the majority of Argentinians, who have already suffered enough/ Too much, actually. And now we can observe Elon Musk copy Milei’s policies in the USA. The Western world is going to hell in a handbasket. – © Mark Alexander
January 14, 2025
Argentina’s Economy in Crisis, Soup Kitchens Struggle after Government Spending Cuts
Javier Milei is another unfeeling, cruel clown who wants to “fix” the economy even if half of the population of Argentina has to starve to death for him to achieve his desired results! The secret of running a successful economy is to get good economic results with the minimum of hardship and suffering.
I recently watched a documentary on Milei’s anarcho-capitalistic policies and what Argentinians thought of them. It was very clear to me that the people who thought his policies were good were all well-heeled individuals living in beautiful homes. When the government’s policies have minimal impact on your lifestyle, it is easy to be uncritical of them. But for those who are dependent on assistance, for those who are suffering shortages, it’s a different story.
I said from the very start that this experiment will end in tears. I still believe it will. I stand by my original assessment. – © Mark Alexander
November 19, 2024
Argentina after One Year of President Milei | DW Documentary
Nov 19, 2024 | Is Javier Milei a savior or a destroyer? It’s been just over a year since the far-right, chainsaw-wielding 54-year-old was elected President of Argentina, and society is more divided than ever before.
Argentina’s poverty rate has soared to over 50% since Javier Milei took office. Many young voters opted for Milei because they wanted a radical break from the previous government. Many Argentinians in the business community are also hoping Milei's "shock therapy” will improve the economic situation - while others are stunned by the president's harsh reforms.
In his first year in office, Milei did not hold back, abolishing many ministries, scaling back publicly funded media and cutting many subsidies. We hear from both supporters and opponents of the president and his policies, including farmers, students, pensioners, trade unionists, journalists and entrepreneurs.
Argentina’s poverty rate has soared to over 50% since Javier Milei took office. Many young voters opted for Milei because they wanted a radical break from the previous government. Many Argentinians in the business community are also hoping Milei's "shock therapy” will improve the economic situation - while others are stunned by the president's harsh reforms.
In his first year in office, Milei did not hold back, abolishing many ministries, scaling back publicly funded media and cutting many subsidies. We hear from both supporters and opponents of the president and his policies, including farmers, students, pensioners, trade unionists, journalists and entrepreneurs.
October 05, 2024
In Argentina's Poverty-hit Barrios, a Food Emergency Takes Hold | REUTERS
BEWARE! This short video is not for the faint-hearted! Brace yourselves!
My regular visitors will know that I said from day one that Javier Milei’s shock therapy would cause misery and hardship. Javier Milei’s anarcho-capitalism might be transforming for the economy, but at what cost? As I have said before, more than once, this experiment is going to end in tears. This is a CRUEL economic experiment. – © Mark Alexander
February 03, 2024
What Experts Think of ‘Anarcho-capitalist’ Milei’s Plan to Dollarize the Argentinian Economy?
Milei's anarcho-capitalistic solutions will not solve Argentina's economic problems. If anything, they will heap even more misery onto the long-suffering Argentinians. Extreme and radical solutions are rarely the answer to anything. – © Mark Alexander
November 23, 2023
Argentina Braces Itself for Its New ‘Anarcho-Capitalist’ President
THE NEW YORK TIMES: Javier Milei has said that society is better without government. Now he is about to run Argentina’s.
President-elect Javier Milei greeting supporters on Sunday in Buenos Aires. “The changes that our country needs are drastic,” he said in his victory speech. | Juan Ignacio Roncoroni/EPA, via Shutterstock
Javier Milei was first introduced to the Argentine public as a combative television personality with an unruly hairdo and a tendency to insult his critics. So when he entered Argentina’s presidential race last year, he was viewed by many as a sideshow.
On Sunday, he was elected Argentina’s next president, and is now tasked with guiding one of Latin America’s largest economies out of one of its worst economic crises.
Many Argentines awoke on Monday anxious, others hopeful, but just about everyone was uncertain about what lay ahead.
Perhaps the only certainty about the country’s political and economic future was that, in three weeks, a far-right political outsider with little governing experience was set to take the reins of a government that he has vowed to upend.
In other words, it is Argentina’s Donald Trump moment.
Mr. Milei, a libertarian economist and freshman congressman, made clear in his victory speech on Sunday that he would move fast to overhaul the government and economy. “Argentina’s situation is critical,” he said. “The changes that our country needs are drastic. There is no place for gradualism.”
Markets cheered his election, with Argentine stocks and bonds rising on U.S. exchanges (the Argentine market was closed for a holiday). Even without clarity on what he can accomplish, markets appear to view him as a better economic bet than his mostly leftist predecessors.
Failed economic policies — including overspending, protectionist trade measures, suffocating international debt and the printing of more pesos to pay for it — have sent the nation of 46 million people into an economic tailspin.
Annual inflation has surpassed 140 percent, the world’s third highest rate, leaving many residents rushing to spend or convert their pesos to U.S. dollars or cryptocurrencies as quickly as they can, while the country’s growing number of poor increasingly line up at food banks and soup kitchens. » | Jack Nicas, Natalie Alcoba and Lucía Cholakian Herrera, Reporting from Buenos Aires | Monday, November 20, 2023
Argentina se prepara para un presidente ‘anarcocapitalista’: Javier Milei ha dicho que la sociedad es mejor sin Estado. Ahora está a punto de dirigir el de Argentina. »
Read in Simplified Chinese : 阅读简体中文版 »
Read in Traditional Chinese: 閱讀繁體中文版 »
Javier Milei was first introduced to the Argentine public as a combative television personality with an unruly hairdo and a tendency to insult his critics. So when he entered Argentina’s presidential race last year, he was viewed by many as a sideshow.
On Sunday, he was elected Argentina’s next president, and is now tasked with guiding one of Latin America’s largest economies out of one of its worst economic crises.
Many Argentines awoke on Monday anxious, others hopeful, but just about everyone was uncertain about what lay ahead.
Perhaps the only certainty about the country’s political and economic future was that, in three weeks, a far-right political outsider with little governing experience was set to take the reins of a government that he has vowed to upend.
In other words, it is Argentina’s Donald Trump moment.
Mr. Milei, a libertarian economist and freshman congressman, made clear in his victory speech on Sunday that he would move fast to overhaul the government and economy. “Argentina’s situation is critical,” he said. “The changes that our country needs are drastic. There is no place for gradualism.”
Markets cheered his election, with Argentine stocks and bonds rising on U.S. exchanges (the Argentine market was closed for a holiday). Even without clarity on what he can accomplish, markets appear to view him as a better economic bet than his mostly leftist predecessors.
Failed economic policies — including overspending, protectionist trade measures, suffocating international debt and the printing of more pesos to pay for it — have sent the nation of 46 million people into an economic tailspin.
Annual inflation has surpassed 140 percent, the world’s third highest rate, leaving many residents rushing to spend or convert their pesos to U.S. dollars or cryptocurrencies as quickly as they can, while the country’s growing number of poor increasingly line up at food banks and soup kitchens. » | Jack Nicas, Natalie Alcoba and Lucía Cholakian Herrera, Reporting from Buenos Aires | Monday, November 20, 2023
Argentina se prepara para un presidente ‘anarcocapitalista’: Javier Milei ha dicho que la sociedad es mejor sin Estado. Ahora está a punto de dirigir el de Argentina. »
Read in Simplified Chinese : 阅读简体中文版 »
Read in Traditional Chinese: 閱讀繁體中文版 »
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