Argentina: the crisis is hitting the workers
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Trotskyists in the Argentina election
I see the utter nutter won. Now let’s see how successful he is in introducing anarcho-capitalism in Argentina. Mind you, capitalism is pretty anarchic anyway.
I see the utter nutter won. Now let’s see how successful he is in introducing anarcho-capitalism in Argentina
_____________________The anarcho-capitalists are gonna be sorely disappointed. This could well be the death knell of anarcho-capitalism as a cult. Ancaps used to gleefully point to Somalia as a practical example of Ancapistan working – a land of warlords, internecine conflict, al-Qaeda-linked or Isis-linked groups, and a thriving piracy sector. You dont hear much reference to Somalia from them these days
In the case of Argentina, it will just be business as usual. Still, there is something deliciously surreal and ironic about an anarcho-capitalist (so-called) being in charge of the state machine when anarcho-capitalism is supposed to renounce statism altogether. I wouldn’t mind betting this guy will end up using the repressive powers of the state as forcefully as any of his predecessors and maybe even more so
Here is what they say about Milei at the Mises Institute:
And, by the way, here is Michael Rectenwald, who is seeking the presidential nomination of the Libertarian Party in the US:https://rectenwald2024.com
He’s an ex-left-communist ex-comrade of Loren Goldner’s.
Much much more interesting, an interview with Milei in the Economist (no firewall):https://www.printfriendly.com/p/g/yqYUdj
Much much more interesting, an interview with Milei in the Economist (no firewall):https://www.printfriendly.com/p/g/yqYUdj
________________________________An interesting interview indeed. You sense he is already preparing his excuses for any future developments that will not have turned out the way he might have wished for. Easy to dream up a wishlist of (supposedly) desirable reforms, much harder to put them into practice.
I find the whole thing bizarre – an anarchocapitalist who defines the state as a criminal organisation and yet has just been elected to head this criminal organisation. Assuming he is sincere this has to be a first surely?
More on Milei in my feed today
and
At least it seems there wont be a Falklands War mark 2 ….
Women is the biggest challenge that he is going to have to confront. Street protest are coming back and he would be forced to send the police and the military to suppress them, and It will show that capitalism can not exist without a state and without repressive forces, and probably, he is going to be worst than the prior ones
Most men voted for him, and many of them were young, which means that the leftist do not have too much influences on the young peoples any more like in prior epochs, but most women including the elderly ones voted against him, and most of them support abortion and sexual equality.
It is not going to be the same case as the USA where most white women voted for Donald Trump, in Argentina the case is different, and most of them are political actives. There are more women than men in Argentina, and he won because the third party that lost popularity their members voted for him and they were the peoples that supported Marco
Why women’s votes could make or break Milei’s victory in Argentina’s elections
Central Bank closure ‘non-negotiable,’ Milei says via press release
The closure of the Central Bank remains a “non-negotiable” part of Javier Milei’s economic plan, the president-elect’s team said via a press statement on Friday. The release added that they were confirming Milei’s commitment to his proposal of eliminating the country’s main banking authority in order to shut down what they called “false rumors.”
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And they are going to use the Federal Bank of the USA,( To Dolarize the economy similar to El Salvador ) and loans from the International Monetary Funds, to ‘balance’ the deficit. ( borrowing from the Visa card to pay the Mastercard ) What is the difference ? And the state as an economic superstructure will continue,( probably more repressive ) therefore, capitalism without a state will not exist probing that Anarco- capitalism is just a fallacy.
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PS El Salvador is a dollarized economy ( and Ecuador ) and poverty, unemployment, misery and exploitation has continued, and most men have emigrated to others countries, and women are working in the Maquiladoras or sweat shops, there is not any magician able to reform capitalism to benefit the working class . Workers just elect a new manager or a new CEO to run the corporation known as capitalismAnd they are going to use the Federal Bank of the USA,( To Dolarize the economy similar to El Salvador ) and loans from the International Monetary Funds, to ‘balance’ the deficit. ( borrowing from the Visa card to pay the Mastercard ) What is the difference ? And the state as an economic superstructure will continue,( probably more repressive ) therefore, capitalism without a state will not exist probing that Anarco- capitalism is just a fallacy.
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PS El Salvador is a dollarized economy ( and Ecuador ) and poverty, unemployment, misery and exploitation has continued, and most men have emigrated to others countries, and women are working in the Maquiladoras or sweat shops, there is not any magician able to reform capitalism to benefit the working class . Workers just elect a new manager or a new CEO to run the corporation known as capitalismIn addition to five U.S. territories,( including Puerto Rico ) 11 countries adopted the U.S. dollar as their official currency: Ecuador, El Salvador, Zimbabwe, The British Virgin Islands, The Turks and Caicos, Timor and Leste, Bonaire, Micronesia, Palau, Marshall Islands, and Panama.
This extract from Milei’s victory speech is worth recording as an example of the populist appeal to the poor against a corrupt ruling caste:
“Today we begin to turn the page of our history and return to the path we should never have lost. Today ends the impoverishing model of the omnipresent state, from which only a few benefit, while the majority of Argentines suffer.
Today the idea that the state is a booty to be shared among politicians and their friends is over. Today the vision that the victimizers are the victims, and the victims are the victimizers is over.
Today we return to the path that made this country great. Today we embrace again the ideas of freedom, the ideas of Alberdi.
In short, the ideas of our Founding Fathers that took us in 35 years from being a country of barbarians to becoming the first world power. These ideas are based on three very simple premises.
A limited government, and I want to make this clear, that fulfills to the letter the commitment it has made.
Regarding private property and free trade. I want to be very clear about something, the model of decadence has come to an end. There is no turning back. The results of this model are there for all to see. From being the richest country in the world, today we are the 130th. Half of the Argentineans are poor and 10% are indigent. Enough of the impoverishing model of the caste.Today we are once again embracing the Liberty model to become a world power again.”https://www.americanrhetoric.com/speeches/javiermileipresidentialelectionvictoryspeech.htm
Of course limited government, private property and free trade won’t do anything to improve the lot of the impoverished majority. But his election victory shows that it is the failure of conventional reformist politicians to make capitalism work for the majority that paves the way for the rise of populist politicians like him. At least it’s not fascism this time.
The same speech of Donald Trump and Hugo Chavez. One from the right of capital and another one from the left of capital, and workers oscillating like a clock pendulum from one side to another side, electing one representative of the oppressor every four or six years, taking bread crumbs instead of taking the whole bakery
President Fernandez of Argentina is moving to Spain as an university professor and the poor workers continue eating muds.( in Haiti they are baking crackers and cookies using muds and dirts ) Due to the high cost of meat many workers are forced to become vegetarians. No more Parrilladas ( Argentinian barbecues ) and Malbec
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The new boss looks like the old boss. It is going to be a good experiment to demonstrate that Anarcho capitalism is an economic fallacy, it can not be applied to a capitalist society
IMF ‘very keen’ to support Argentina, possibly through resilience trust
The new government of Argentina is proposing several austerity measures. The new boss sounds like the old boss
This extract from Milei’s victory speech is worth recording as an example of the populist appeal to the poor against a corrupt ruling caste:
—————————————————————————————-They do not say that the corrupt one is capitalism, and that the biggest corruption takes place at the point of production
Milei is backing away from his radical dollarization idea. What options does Argentina have?
Milei is backing away from his radical dollarization idea.
They have devaluated the Argentina Pesos again.
=====================================================================================================A few days after Javier Milei’s surprising but decisive election victory, the contours of Argentina’s next government are slowly becoming visible. Milei has already backed off from his most radical campaign messages, discarding key election advisers in favor of a more moderate economics team and sending out conciliatory messages to China and other foreign governments. With the appointment of Luis Caputo, head of the central bank during the Macri administration, as economy minister, Milei has sent a clear message that his current coalition with Juntos por el Cambio, the conservative alliance, will extend into the beginning of his administration. The incoming president’s campaign pledge to move Argentina to the US dollar seems less and less likely in the near term.
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