The Americas | One year of anarcho-capitalism

Javier Milei, free-market revolutionary

Argentina’s president explains how he has overturned the old economic order

Illustration: Alamy/The Economist
|Buenos Aires

Sometimes familiarity breeds fondness. Not so for Javier Milei, Argentina’s president. After running the Argentine state for a year, his contempt for it remains “infinite”, he told The Economist in an interview on November 25th. Holding forth in his office in the Casa Rosada, the red-carpeted and marble-statuaried historic seat of power, Mr Milei has a presidential air. But when he explains the philosophy behind his radical experiment he sounds just like the “mole” that he claims to be, destroying the state from within. Any restraints on free enterprise push society towards socialism, he says. Even neoclassical economics, the framework that guides most economic policymaking, “ends up favouring socialism”. For Mr Milei the lesson is clear: “anything I can do to remove the interference of the state, I’m going to do.”

Explore more

This article appeared in the The Americas section of the print edition under the headline “True believer”

From the November 30th 2024 edition

Discover stories from this section and more in the list of contents

Explore the edition

Interactive Poll tracker

Canada’s Liberals are surging

Justin Trudeau’s resignation and Donald Trump’s tariffs gave them a boost

Colombian bullfighter Luis Bolivar fights Perecudo bull

The matadors’ last stand in Colombia

A blanket prohibition on bullfighting goes into effect in 2027


A collage of Diana Salazar Méndez.

The bravest woman in Latin America?

Diana Salazar is fighting to halt Ecuador’s slide into chaos


Mexico deploys 10,000 troops to the US border

They have been sent to tackle the drugs trade—and placate Donald Trump

Javier Milei’s crypto misadventure

The Argentine’s first serious embarrassment as president

An Oscar-nominated film sparks a reckoning with Brazil’s dictatorship

“I’m Still Here” is as much about the country’s present as its past