Davos: Javier Milei addresses the World Economic Forum – watch live

However the presence of growing returns um involves concentrated structures what we would call a monopoly how come then that’s something that has generated so much well-being for the neoclassical theory is a market failure neoclassical economists think outside of the box when the model fails you shouldn’t get with

Reality but rather with a model and change it the Dilemma faced by the neoclassical model is that they say they wish to perfect the function of the market by attacking what they consider to be failures but in so doing they don’t just open uper doors to socialism

But also go against economic growth an example regulating monopolies destroying their profits and destroying growing returns automatically would destroy economic growth in other words whatever you want to correct a supposed market failure inexa as a result of not knowing what the market is or as a result of having

Fallen in love with a failed model you are opening up the doors to socialism and condemning people to Poverty however faced with the theoretical demonstration that state intervention is harmful and the empirical evidence that it has failed couldn’t have been otherwise the solution to be proposed by collectivists

Is not greater freedom but rather greater regulation which creates a downward spiral of um spiral of regulations until we’re all poorer and the life of all of us depends on a bureaucrat sitting in a luxury uh office given the Dismal failure of collectivist models and the undeniable advances in

The Free World socialists were forced to change their agenda they left behind the class struggle based on the economic system and and replace this with other supposed social conflicts which are just as harmful to Life as a community and to economic growth the first of these new battles was the ridiculous and unnatural

Fight between man and woman libertarianism already provides for equality U of these Sexes the Cornerstone of our Creed says that all humans are created equal that we all have the same unable rights granted by the Creator including life freedom and ownership all that this radical feminism agenda has led to is greater State

Intervention to hinder the economic process giving a job to bureaucrats who have not contributed anything to society examples um ministries of of women or International organizations devoted to promoting this agenda another conflict presented by socialists is that of humans against nature claiming that we human beings damage the planet which

Should be protected at all costs even going as far as advocating for population control mechanisms or the bloody um abortion agenda unfortunately these harmful ideas have taken a stronghold in our society Neo marxists have managed to co-opt the common sense of the western world and this they have

Achieved by appropriating the uh media culture universities and also International organizations the case is the most serious one probably because these are institutions that have enormous influence on political and economic decisions of the countries that make up the multilateral organizations fortunately there’s more and more of us

Who are daring to make our voices heard because we see that if we don’t truly and decisively fight against these ideas the only possible fate is for us to have increasing levels of State regulation socialism poverty and less freedom and therefore uh will be um having worse standards of

Living the West has unfortunately already started to go along this path I know to many it may sound ridiculous to suggest that the West has turned to socialism but it’s only ridiculous if you only limit yourself to the traditional economic definition of socialism which says that it’s an

Economic system where the state owns the means of production this definition in my view should be updated in the light of current circumstances today states don’t need to directly control the means of production to control every aspect of the lives of individuals with tools such as printing money debt

Subsidies controlling the interest rate price controls and regulations to correct the so-called market failures they can control the lives and fates of millions of individuals this is how we come to the point where by using different names or gues a good deal of the generally accepted political offers in most

Western countries are collectivist variant whether they Proclaim to be openly communist fascists Nazis socialists social Democrats National socialists Democrat Christians the Christian democrats neans uh Progressive populist nationalists or globalists at bottom there are no major differences they all say that the state should steer all aspects of the lives of

Individuals they all defend a model contrary to that one which led Humanity to the most spectacular progress in its history we have come here today to invite the rest of the countries in the Western World to get back on the path of prosperity economic freedom limited government government and um unlimited

Respect for private property are essential elements uh for economic growth and the impoverishment produced by collectivism is no fantasy nor is it an inescapable fate but it’s a reality that we argentines know very well we have lived through this we have been through this because as I said earlier

Ever since we decided to abandon the model of Freedom that had made us rich we have being caught up in a downward spiral as part of which we are poorer and poorer by day so this is something we have lived through and we are here to

Warn you about what can happen if a countries in the western world that became Rich through the model of Freedom stay on this path of servitude the case of Argentina is an empirical demonstration that no matter how rich you may be or how much you may have in

Terms of Natural Resources or how skilled your population may be or educated or how many bars of gold you may have in the central bank if measures are adopted that hinder the free functioning of markets free competition free Price systems If You Hinder trade if you attack private property the only

Possible fate is poverty therefore in concluding I would like to leave a message for all business people here and for those who are not here in person but are following from around the world do not be intimidated intimidated either by the political Cass or by parasites who

Live off the state do not surrender to political class that only wants to stain power and retain its privileges you are social benefactors you’re Heroes you’re the creators of the most extraordinary period of prosperity we’ve ever seen let no one tell you that your ambition is immoral if you make money it’s because

You offer a better product at a better price thereby contribut to General wellbeing do not surrender to the advance of the state the state is not the solution the state is the problem itself you are the true protagonists of this story and rest assured that as from today Argentina is your stun

Unconditional Ally thank you very much and Long Live Freedom damn it fore forign Speee That

Argentina’s President Javier Milei addresses the World Economic Forum.

21 comments
  1. Its hard to see how the WEF will survive this. Individual liberty is the bedrock of economic success. Collectivism as espoused by the WEF is an ideology that has already proven to be a disaster economically and socially. Argentina is just one example of Collectivism failing badly.

  2. He is my president and it is the first time in my lifetime that I am pride of leader. Milei he has honor, values, honesty, and works hard for his nation.He is a great economist and has a wide range of knowledge in many subjects, He's done more for Argentina in his first month as president, than all the presidents of the last 100 years all of whom were socialists and left the country on the verge of becoming a huge slum

Leave a Reply