FT editorial: Argentina cannot afford another failure in “anarcho-capitalist” Javier Milei

In the midst of Argentina's severe crisis, self-proclaimed "anarcho-capitalist" Javier Milei assumes the presidency, offering a risky path to economic reform. His victory reflects a regional trend as voters seek radical alternatives. While Milei's rhetoric advocates for minimal government and economic overhaul, the untested leader faces challenges in a deeply polarised nation. Skepticism surrounds his ability to implement effective reforms and navigate foreign relations, raising uncertainties about Argentina's future under his leadership. The global community watches closely as Milei's unorthodox approach unfolds in a nation desperate for change.

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Argentina cannot afford another failure

By Financial Times editorial board

Libertarian Javier Milei offers a high-risk path to radical economic reform

Argentina has entered uncharted waters with the election of self-styled "anarcho-capitalist" Javier Milei as president. Amid the South American nation's worst crisis in more than two decades, scarred by triple-digit inflation and the failure of successive governments, Argentines plumped for dramatic change in the form of an eccentric television economist.

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