Analysis | In Argentina, a new Trump rises

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Analysis | In Argentina, a new Trump rises
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On Sunday, Javier Milei won the most votes in Argentina's primary election. His critics see, in his extreme rhetoric and views, a deadly threat to democracy.

“A succession of failed administrations, more than a decade of economic stagnation and the worsening of the economic situation during the [current President] Alberto Fernández administration bred a growing sentiment of disenchantment among voters that resulted in one-third of voters supporting a candidate who based his candidacy on blaming the partisan establishment … as the culprit of Argentina’s problems,” Ignacio Labaqui, senior analyst at Medley Global Advisors and professor at the...

Analysts elsewhere see Milei’s proposals as the antics of an illusionist, magical thinking in the face of intractable, real-world problems. The uncertainty and jitters provoked by Milei’s primary triumpheven further, and prompted the Argentine government to devalue the currency by 20 percent. Milei’s libertarianism is hardly ideologically consistent: He’s in favor of massive privatization of the economy and loosening up regulations on gun ownership, but he’s opposed to abortion. Like the movements of both Trump and Bolsonaro, he grouses against “cultural Marxism,” gender ideology and the supposed “indoctrination” carried out in public education.

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