As reported in MercoPress, Argentine President Javier Milei recently made an important point about the damaging notion of capitalism as a “necessary evil” within the developed world.
Here in the UK, we have major political parties and huge government bureaucracies where that notion is tacitly accepted as a foundational axiom of modern government.
Milei criticizes Mamdani and praises Trump
In his appearance on Thursday at the America Business Forum in Miami, Argentine President Javier Milei seized the opportunity to lambast New York City Mayor-elect Zohran Mamdani, praise his US colleague Donald Trump, and seek investments for his country. Milei described his own electoral victory as a mandate for capitalist reform...
Milei's central theme was an apology of free-market capitalism and a dire warning against socialist ideas, which he referred to as the “Kuka risk” (a pejorative term for Kirchnerism/Peronism).
He argued that Western societies have mistakenly accepted the notion that capitalism is a “necessary evil” that requires state intervention to address “unequal impact” and prevent monopolies.
Milei contended that this justification for state intervention leads to ever-expanding government control, eventually reaching the same destination as those who openly hate capitalism: “the total control of the state, the economy, and people's lives—that is, communism.”
Milei criticizes Mamdani and praises Trump
In his appearance on Thursday at the America Business Forum in Miami, Argentine President Javier Milei seized the opportunity to lambast New York City Mayor-elect Zohran Mamdani, praise his US colleague Donald Trump, and seek investments for his country. Milei described his own electoral victory as a mandate for capitalist reform...
Milei's central theme was an apology of free-market capitalism and a dire warning against socialist ideas, which he referred to as the “Kuka risk” (a pejorative term for Kirchnerism/Peronism).
He argued that Western societies have mistakenly accepted the notion that capitalism is a “necessary evil” that requires state intervention to address “unequal impact” and prevent monopolies.
Milei contended that this justification for state intervention leads to ever-expanding government control, eventually reaching the same destination as those who openly hate capitalism: “the total control of the state, the economy, and people's lives—that is, communism.”
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