Javier Milei has been elected president of Argentina. What distinguishes him from other politicians is his right-libertarianism. The ideology does share ideas with other conservative political movements. The emphasis on free markets and capitalism are positions of common thought. Limited regulation and the emphasis on laissez-faire are what both ideologies desire. Milei's agenda is to end Argentina's central bank and put the country through a process of dollarization. Central banking as been a concern, but if a leader is serious about challenging that system it would invest in cryptocurrency. The dollar is losing its power as countries in BRICS want to move away from it. A rational policy would be to trade natural resources in Argentine pesos. Supply side economics will not generate prosperity in Argentina. The Austrian school of economics has a limited scope in a rapidly changing world. Javier Milei also expressed that he does not want Argentina to have economic relations with communist or socialist countries. North Korea, China, Venezuela, and Cuba were the countries he mentioned. Although Javier Milei is an economist, none of the anarcho-capitalist concepts can work. The nature of employment, trade, and global economic centers are undergoing a revolution. Neoliberal capitalism might implode implode upon itself if government did not intervene. At some point no amount of reforms and regulations can fix a system that is corrupt by its function. Argentina will become a testing ground for the limits of right-libertarianism and the neoliberal capitalist system.
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