Javier Milei shakes up Davos Conference

January 19th 2024


Argentina’s new president championed free enterprise in a speech delivered at the World Economic Forum’s Conference in Davos this week. Speaking in his native Spanish, Javier Milei highlighted the destructiveness of the socialism employed by the global elites to drive once prosperous nations into poverty—something of which he has first-hand experience, of course, since Argentina’s economy has been absolutely devastated by it over the past couple of decades. For the Argentinian people, Milei has become a symbol of national revival and hope.

In this week’s speech Milei noted that


Neo-Marxists have managed to co-opt the common sense of the world by appropriating the media, the universities, and also international organizations, with the latter being probably the most destructive as these are institutions with enormous influence on political and economic decisions of the nations involved in these multilateral organizations.

He continued by arguing that the traditional definition and understanding of socialism needs to be revised in light of the recent growth of Neo-Marxist tyranny, especially as it manifests in the Western world:


Today states don’t need to directly control the means of production to control every aspect of the lives of individuals, given their tools such as printing money, debt, subsidies, controlling the interest rate ... with this they can control the lives and fates of millions of individuals ... We have come to invite all the countries of the Western world to once again embrace the principles of economic freedom and limited government, and unlimited respect for private property, which is essential to economic growth ... The state is not the solution, the state is the problem.


Milei merges elements of paleoconservatism and nationalism with his advocacy for free markets. He opposes liberal sex education in schools as well as abortion in addition to allowing citizens to freely carry firearms. On the other hand he is also a philosemite who has openly expressed his desire to convert to the pagan religion of Judaism. Furthermore, he has also said that he believes that open borders and immigration can benefit the Argentinian economy.


Therefore, while the Pactum Institute is encouraged by the boldness with which Milei has publicly addressed many of the evils of the Globalists at the WEF, there is good reason to remain skeptical of him and we cannot in good conscience endorse him as a leader.