Argentina's President Milei Warns of Socialism's Dangers at Davos

Milei's Radical Agenda Gains Support as He Implements Measures to Counteract Argentina's Collectivist Policies

Argentina's new libertarian president, Javier Milei, has delivered a fiery speech at the World Economic Forum in Davos, Switzerland, warning that the Western world is in danger due to a shift towards socialism and away from free-market capitalism.
Milei, who took office last month, has implemented measures to counteract Argentina's history of collectivist policies, including a substantial devaluation of the peso and a reduction of government ministries.
Milei's radical agenda has garnered support from external observers, including Kristalina Georgieva, head of the International Monetary Fund (IMF).
Milei has proposed a mega package of hundreds of reforms to reduce regulatory barriers, privatise state assets and reduce inflation.
Milei's confrontational approach with the WEF, denouncing socialism, regulation, and the woke politics agenda, highlighted the dangers of socialism, the importance of freedom, and the role of business in creating prosperity.