* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, September 8, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    The Secret to What Made ‘CarJack’ Work on As the World Turns – yahoo.com

    The Surprising Secret Behind ‘CarJack’s’ Success on As the World Turns

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Pendulum Announce Homecoming 2026 Australian Tour – yahoo.com

    Pendulum Announces Thrilling Homecoming Tour Across Australia in 2026

    ITV Studios Launches New Entertainment Label – Global Bulletin – IMDb

    ITV Studios Unveils Exciting New Entertainment Label

    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

    Jenny Han Dropped a Major ‘The Summer I Turned Pretty’ Easter Egg Revealing [SPOILER] – yahoo.com

    Jenny Han Just Unveiled a Huge ‘The Summer I Turned Pretty’ Easter Egg That Changes Everything [SPOILER]

  • 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
    Industry partner provides Ferris State Plastics Engineering Technology students with state-of-the-art equipment to gain in-demand skills – Ferris State University

    Industry Partner Equips Ferris State Plastics Engineering Students with Cutting-Edge Technology to Boost In-Demand Skills

    Health Technology Ecosystem – Centers for Medicare & Medicaid Services | CMS (.gov)

    Discover the Future of Health Technology: Innovations Revolutionizing Patient Care

    Coherent Joins LLNL’s STARFIRE Diode Technology Working Group to Advance Inertial Fusion Energy – GlobeNewswire

    Coherent Partners with LLNL’s STARFIRE Team to Drive Breakthroughs in Inertial Fusion Energy

    Gene Associated With Deadly Heart Disease in Golden Retrievers Identified – Technology Networks

    Breakthrough Discovery Uncovers Gene Behind Deadly Heart Disease in Golden Retrievers

    Monkey Island LNG Picks ConocoPhillips’ Liquefaction Technology – Hart Energy

    Monkey Island LNG Selects ConocoPhillips’ Advanced Liquefaction Technology for Next-Gen Energy Solutions

    Credo Technology Group Holding Ltd. (CRDO) Surpasses Q1 Earnings and Revenue Estimates – Yahoo Finance

    Credo Technology Group Surpasses Q1 Earnings and Revenue Expectations

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    The Secret to What Made ‘CarJack’ Work on As the World Turns – yahoo.com

    The Surprising Secret Behind ‘CarJack’s’ Success on As the World Turns

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Pendulum Announce Homecoming 2026 Australian Tour – yahoo.com

    Pendulum Announces Thrilling Homecoming Tour Across Australia in 2026

    ITV Studios Launches New Entertainment Label – Global Bulletin – IMDb

    ITV Studios Unveils Exciting New Entertainment Label

    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

    Jenny Han Dropped a Major ‘The Summer I Turned Pretty’ Easter Egg Revealing [SPOILER] – yahoo.com

    Jenny Han Just Unveiled a Huge ‘The Summer I Turned Pretty’ Easter Egg That Changes Everything [SPOILER]

  • 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
    Industry partner provides Ferris State Plastics Engineering Technology students with state-of-the-art equipment to gain in-demand skills – Ferris State University

    Industry Partner Equips Ferris State Plastics Engineering Students with Cutting-Edge Technology to Boost In-Demand Skills

    Health Technology Ecosystem – Centers for Medicare & Medicaid Services | CMS (.gov)

    Discover the Future of Health Technology: Innovations Revolutionizing Patient Care

    Coherent Joins LLNL’s STARFIRE Diode Technology Working Group to Advance Inertial Fusion Energy – GlobeNewswire

    Coherent Partners with LLNL’s STARFIRE Team to Drive Breakthroughs in Inertial Fusion Energy

    Gene Associated With Deadly Heart Disease in Golden Retrievers Identified – Technology Networks

    Breakthrough Discovery Uncovers Gene Behind Deadly Heart Disease in Golden Retrievers

    Monkey Island LNG Picks ConocoPhillips’ Liquefaction Technology – Hart Energy

    Monkey Island LNG Selects ConocoPhillips’ Advanced Liquefaction Technology for Next-Gen Energy Solutions

    Credo Technology Group Holding Ltd. (CRDO) Surpasses Q1 Earnings and Revenue Estimates – Yahoo Finance

    Credo Technology Group Surpasses Q1 Earnings and Revenue Expectations

    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

Six Acclaimed Artists Interpret Ecology and the Landscape for ‘Ground/work 2025’ – thisiscolossal.com

Six Acclaimed Artists Interpret Ecology and the Landscape for ‘Ground/work 2025’ – thisiscolossal.com

September 7, 2025
This Stanford computer science professor went to written exams 2 years ago because of AI. He says his students insisted on it – Fortune

Stanford Professor Returns to Written Exams After Students Demand It Amid AI Rise

September 7, 2025
Tiny thumbnails may be key for rodents’ global takeover – Science News

How Tiny Thumbnails Helped Rodents Conquer the Globe

September 7, 2025
$9 Million Stock & Warrant Deal: American Trust Leads Furniture Maker Nova LifeStyle’s Strategic Offering – Stock Titan

American Trust Fuels Nova LifeStyle’s Growth with $9 Million Stock and Warrant Investment

September 7, 2025
Industry partner provides Ferris State Plastics Engineering Technology students with state-of-the-art equipment to gain in-demand skills – Ferris State University

Industry Partner Equips Ferris State Plastics Engineering Students with Cutting-Edge Technology to Boost In-Demand Skills

September 7, 2025
Former NFL All-Pro RB has top girls basketball prospect – Yahoo Sports

Former NFL All-Pro RB has top girls basketball prospect – Yahoo Sports

September 7, 2025
Pope Leo appeals for peace in Holy Land, Ukraine, areas of world marred by war – Vatican News

Pope Leo appeals for peace in Holy Land, Ukraine, areas of world marred by war – Vatican News

September 7, 2025
The US Economy Is at a Turning Point—and the Stakes Are Higher Than You Might Think – Morningstar

The US Economy Stands at a Crucial Crossroads-Here’s Why It Matters Now More Than Ever

September 7, 2025
The Secret to What Made ‘CarJack’ Work on As the World Turns – yahoo.com

The Surprising Secret Behind ‘CarJack’s’ Success on As the World Turns

September 7, 2025
Fighting a health insurance denial? Here are 7 tips to help – Los Angeles Times

7 Powerful Strategies to Beat Health Insurance Denials and Secure the Coverage You Deserve

September 7, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
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 (812)
  • Economy (829)
  • Entertainment (21,707)
  • General (16,910)
  • Health (9,871)
  • Lifestyle (843)
  • News (22,149)
  • People (832)
  • Politics (836)
  • Science (16,040)
  • Sports (21,329)
  • Technology (15,810)
  • World (811)

Recent News

Six Acclaimed Artists Interpret Ecology and the Landscape for ‘Ground/work 2025’ – thisiscolossal.com

Six Acclaimed Artists Interpret Ecology and the Landscape for ‘Ground/work 2025’ – thisiscolossal.com

September 7, 2025
This Stanford computer science professor went to written exams 2 years ago because of AI. He says his students insisted on it – Fortune

Stanford Professor Returns to Written Exams After Students Demand It Amid AI Rise

September 7, 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