* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, June 8, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Middle Eastern Entertainment Headlines at 5:49 a.m. GMT – Yahoo

    Exciting Updates from the Middle Eastern Entertainment Scene!

    Ceramic Dalmatian Entertainment is WLAF’s Business of the Week – WLAF

    Spotlight on Success: Ceramic Dalmatian Entertainment Shines as This Week’s Featured Business!

    Brass Lion Entertainment unveils co-op action RPG Wu-Tang: Rise of the Deceiver – VentureBeat

    Unleash Your Inner Warrior: Discover the Co-Op Action RPG Wu-Tang: Rise of the Deceiver!

    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

    After Denzel Washington Said He Would Be In Black Panther 3, Ryan Coogler Explained Why He’s ‘Fine’ With That Information Being Revealed So Early – Yahoo

    Ryan Coogler Shares Why He’s Cool with Denzel Washington’s Black Panther 3 Reveal!

    Traveling Tacos and Tequila Festival to stop at Florence Yall’s stadium this October – Cincinnati Enquirer

    Get Ready for a Flavor Fiesta: Traveling Tacos and Tequila Festival Hits Florence Y’all’s Stadium This October!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Innovation at Scale: How P&G Transforms Business Through Technology – Procter & Gamble

    Revolutionizing Business: P&G’s Bold Journey into Technological Innovation

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Apple Watch and the future of wearable technology in healthcare – MSN

    Revolutionizing Healthcare: The Future of Wearable Technology with Apple Watch

    ECS Professor Pankaj K. Jha Receives NSF Grant to Develop Quantum Technology – Syracuse University News

    Unlocking the Future: ECS Professor Pankaj K. Jha Secures NSF Grant for Groundbreaking Quantum Technology Development

    Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

    Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

    U.S. FDA Grants Platform Technology Designation to the Viral Vector Used in SRP-9003, Sarepta’s Investigational Gene Therapy for the Treatment of Limb Girdle Muscular Dystrophy Type 2E/R4 – Sarepta Therapeutics

    Breakthrough for Gene Therapy: FDA Designates Viral Vector in Sarepta’s SRP-9003 for Limb Girdle Muscular Dystrophy Treatment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Middle Eastern Entertainment Headlines at 5:49 a.m. GMT – Yahoo

    Exciting Updates from the Middle Eastern Entertainment Scene!

    Ceramic Dalmatian Entertainment is WLAF’s Business of the Week – WLAF

    Spotlight on Success: Ceramic Dalmatian Entertainment Shines as This Week’s Featured Business!

    Brass Lion Entertainment unveils co-op action RPG Wu-Tang: Rise of the Deceiver – VentureBeat

    Unleash Your Inner Warrior: Discover the Co-Op Action RPG Wu-Tang: Rise of the Deceiver!

    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

    After Denzel Washington Said He Would Be In Black Panther 3, Ryan Coogler Explained Why He’s ‘Fine’ With That Information Being Revealed So Early – Yahoo

    Ryan Coogler Shares Why He’s Cool with Denzel Washington’s Black Panther 3 Reveal!

    Traveling Tacos and Tequila Festival to stop at Florence Yall’s stadium this October – Cincinnati Enquirer

    Get Ready for a Flavor Fiesta: Traveling Tacos and Tequila Festival Hits Florence Y’all’s Stadium This October!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Innovation at Scale: How P&G Transforms Business Through Technology – Procter & Gamble

    Revolutionizing Business: P&G’s Bold Journey into Technological Innovation

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Apple Watch and the future of wearable technology in healthcare – MSN

    Revolutionizing Healthcare: The Future of Wearable Technology with Apple Watch

    ECS Professor Pankaj K. Jha Receives NSF Grant to Develop Quantum Technology – Syracuse University News

    Unlocking the Future: ECS Professor Pankaj K. Jha Secures NSF Grant for Groundbreaking Quantum Technology Development

    Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

    Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

    U.S. FDA Grants Platform Technology Designation to the Viral Vector Used in SRP-9003, Sarepta’s Investigational Gene Therapy for the Treatment of Limb Girdle Muscular Dystrophy Type 2E/R4 – Sarepta Therapeutics

    Breakthrough for Gene Therapy: FDA Designates Viral Vector in Sarepta’s SRP-9003 for Limb Girdle Muscular Dystrophy Treatment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Javier Milei defends capitalism at Davos, but faces challenge of turning rhetoric into results – Juan Pablo Spinetto

January 20, 2024
in Business
Javier Milei defends capitalism at Davos, but faces challenge of turning rhetoric into results – Juan Pablo Spinetto
Share on FacebookShare on Twitter

In a bold Davos debut, Argentine President Javier Milei passionately championed free-market capitalism, challenging prevailing socialist narratives. He identified feminism, climate change agendas, and collectivism as the faces of socialism, urging for a defence of life, freedom, and property. While his message resonated in a forum often focused on politically correct topics, Milei faces the challenge of translating libertarian principles into concrete plans for Argentina’s economic recovery. Despite his anti-socialist rhetoric, he needs practical policies to attract investments and navigate the country out of its prolonged economic challenges.

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

By Juan Pablo Spinetto

As presidential speeches go, Javier Milei’s Davos debut was quite something: The Argentine libertarian took the stage to make an unapologetic defense of capitalism, the kind you don’t hear too often in mainstream politics these days. The West, Argentina’s president told the world’s most famous ski resort gathering on Wednesday, is under attack from socialism, and free-market capitalism is not only “fair and morally superior” but also the reason why humankind is enjoying “the biggest expansion in wealth and prosperity in our history.”

The model he proposes for Argentina is thus firmly rooted on key libertarian principles: “The defense of life, freedom and property,” Milei told the World Economic Forum audience in his first international trip since his Dec. 10 inauguration.

He then described what he considers socialism’s current faces: feminism, the climate change agenda and collectivism, ideas that — he said — spread through the media, universities and even multilateral organizations coopted by “neo-Marxists.” He went as far as saying that regular policy tools in developed nations, from debt to subsidies and interest rates, are the result of the state trying to control individual lives, in a message echoing the radical campaign that took him to the presidency.

Lea la nota en español

Milei’s message stands out in a forum often devoted to politically correct topics like “Closing the gender gap in health” and “AI: The great equalizer?.” Even Donald Trump spent part of his last Davos speech touting that his government was creating “the most inclusive economy ever to exist” and bragging about how they were lifting “Americans of every race, color, religion, and creed,” goals that Milei would probably deem a form of socialism.

At the same time, with diversity, equality and inclusion values at the forefront of the cultural battles in the US, Milei’s speech doubtless tickled an amygdala or two in the audience. You can picture the secret smiles from those business czars who, not so deep down, couldn’t care less about promoting DEI, protecting the environment or regulating monopolistic excess but still need to follow this agenda because that’s the corporate world we live in. For them, the Argentine leader had reassuring messages: “You are heroes….If you make money, it’s because you offer a better product at a better price, contributing that way to general wellbeing….You are the true protagonists of this story and you should know that starting from today you have in Argentina an unconditional ally.” 

Milei’s speech can’t be dissociated from Argentina’s recent history of economic failure. After decades of interventionism and regulations that entrenched crony capitalists and left almost half of its population in poverty, his focus on a dysfunctional state that spends too much and delivers too little is welcome.

Yet for all the provocative points that Milei made vigorously at Davos, he missed an opportunity to tell the masters of the universe what they most wanted to hear: his concrete plan to take Argentina out of the current misery produced by decades of policy malpractice. The libertarian framework can be more or less convincing for business to bet on, but it’s certainly not enough to justify pouring billions into a country that has exciting prospects and seriously needs investments but time and time again has disappointed. 

The reality is that anyone who wants to invest in Argentina now won’t encounter the libertarian oasis to which Milei aspires, but a country with 211% inflation, no credit and multinationals leaving. Milei can’t be blamed for any of this. He’s the consequence not the cause of the country’s malaise, and he will be judged on his ability to turn things around. But he needs to start articulating in more practical ways how that U-turn will take place and what fiscal, monetary and trade policies will be in place for the next four years after these initial months of emergency.

Milei knows this all too well. Back in Buenos Aires, he spends his days not on ideological matches with the neoclassical economic theory “which opens the doors to socialism” but in very real fights and negotiations with provinces and the opposition-controlled congress. He even had to announce tax increases, in clear contradiction to his Davos speech.

On the Lufthansa commercial flight that took him to Europe, Milei had already warned that he was attending the global elite’s favorite event to “plant the ideas of freedom in a forum contaminated by the 2030 socialist agenda that will only bring misery to the world.” Attacking socialism at a forum of billionaires and winners may be a bit redundant, but that’s Milei’s trademark message, and for the powerful audience to hear it from the man himself is not a bad idea. I can see people getting excited because it’s a rupture with the frustrating recent past.

But much more than that will be needed to convince them that Argentina can turn things around.

Read also:

🔒 Diplomatic dance: World leaders strategise over a potential Trump return
🔒 FT editorial: Argentina cannot afford another failure in “anarcho-capitalist” Javier Milei
🔒 Argentina’s new President Javier Milei: Peso out, radical reforms in

© 2024 Bloomberg L.P.

Visited 24 times, 24 visit(s) today

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BizNews – https://www.biznews.com/leadership/2024/01/19/milei-defends-capitalism-davos-turning-rhetoric-results-juan-pablo-spinetto

Tags: businessJavierMilei
Previous Post

‘Didi’ Review: Sean Wang’s Winning and Well-Acted Asian American Coming-of-Age Drama

Next Post

African debt crisis emerges as top risk for lenders, warns outgoing Nedbank CEO

Shotgun sequencing of airborne eDNA achieves rapid assessment of whole biomes, population genetics and genomic variation – Nature

Revolutionizing Biodiversity: Rapid Insights into Ecosystems and Genetic Diversity Through Shotgun Sequencing of Airborne eDNA

June 8, 2025
Earth’s energy balance is rising much faster than scientists predicted, and we have no idea why – Live Science

Unraveling the Mystery: Earth’s Energy Balance is Surging Faster Than Expected!

June 8, 2025
The Undermining of Science — and Society — Continues – UExpress

How the Erosion of Science is Impacting Our Society

June 8, 2025
10 habits that secretly ‘kill’ your happy hormones – Times of India

10 Surprising Habits That Sabotage Your Happy Hormones

June 8, 2025
A GPS Blackout Would Shut Down the World – WIRED

How a GPS Blackout Could Bring the World to a Standstill

June 8, 2025
Six Steps To Ruin a Country’s Image, Economy, and Global Standing | Opinion – Newsweek

Six Surefire Ways to Dismantle a Nation’s Reputation and Prosperity

June 8, 2025
Middle Eastern Entertainment Headlines at 5:49 a.m. GMT – Yahoo

Exciting Updates from the Middle Eastern Entertainment Scene!

June 8, 2025
Omada shares rise 21% in Nasdaq debut after health tech company’s IPO – CNBC

Omada Soars 21% in Thrilling Nasdaq Debut Following Successful IPO!

June 8, 2025
Politics-Based Investing Sounds Smart. But These Strategies Work Better. – Barron’s

Politics-Based Investing Sounds Smart. But These Strategies Work Better. – Barron’s

June 8, 2025
Innovation at Scale: How P&G Transforms Business Through Technology – Procter & Gamble

Revolutionizing Business: P&G’s Bold Journey into Technological Innovation

June 8, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (677)
  • Economy (690)
  • Entertainment (21,596)
  • General (15,271)
  • Health (9,732)
  • Lifestyle (694)
  • News (22,149)
  • People (691)
  • Politics (698)
  • Science (15,909)
  • Sports (21,193)
  • Technology (15,676)
  • World (675)

Recent News

Shotgun sequencing of airborne eDNA achieves rapid assessment of whole biomes, population genetics and genomic variation – Nature

Revolutionizing Biodiversity: Rapid Insights into Ecosystems and Genetic Diversity Through Shotgun Sequencing of Airborne eDNA

June 8, 2025
Earth’s energy balance is rising much faster than scientists predicted, and we have no idea why – Live Science

Unraveling the Mystery: Earth’s Energy Balance is Surging Faster Than Expected!

June 8, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version