Hard right libertarian candidate Javier Milei is the front-runner in Argentina’s October 22 presidential election.
Milei has disgraced and lowered political discourse on Argentine television for years as a frequent guest of political talk shows. Initially dismissed as a buffoonish character, he made a name for himself by insulting and screaming during broadcast debates and with idiotic stunts like taking a bat to a piñata representing the Argentine central bank.in Argentina’s presidential election taking place on October 22.
Further, Milei preposterously claims that former president Carlos Menem and former economy minister Domingo Cavallo were the best in their respective positions in Argentine history. The shock therapy neoliberal policies of the Menem era, which included widespread privatization and austerity, led to a slow-motion collapse of the Argentinean economy over the course of a decade..” The plan pegged the Argentine peso at a one-to-one ratio with the U.S.
This was not the only example of severe economic mismanagement under the Menem administration. They enacted disastrous neoliberal economic policies like removing export taxes and enacting protectionist restrictions on foreign investment. They privatized state companies that employed thousands of Argentinians while eliminating trade subsidies. The state-owned airline Aerolíneas Argentinas was privatized and ran into the ground.
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