elected president Argentina, Javier Mileiwants to radically transform the lives and economies of its citizens. His aim, he said, was to return to the model in which this country became the largest state in the world in the late 19th century and until the crisis in the 1930s. stable of the worldThere were no social rights and women could not vote.
The image of the electric lawn mower accompanied him throughout his political transformation, from television talk show personality to presidential candidate. Chainsaw It is a metaphor for an economic shock that must leave its mark on all activities. These are some of the suggestions put forward by the far right in the government program Argentina:
1. Closing the Central Bank
Milei, who graduated as a mathematical economist from a private university with questionable demand levels, changed the way he understood reality a decade ago by approaching the idea that: anarcho-capitalist WE Murray Rothbard an intellectual resource that even the most extreme Trumpists benefit from.
As part of this new training Milei made one of her main flags Liquidation of the Central BankIf we stop printing banknotes and end Government regulatory intervention, inflation A quick note.
2. Dollarization and privatizations
The next president wants “Argentinians to be able to trade in the currency of their choice.” But his most ambitious goal is dollarize the economy. Milei sees no problem in transferring monetary sovereignty to the state United States Department of the Treasury and wants to continue on the path he followed more than twenty years ago Ecuador. Many economists have warned that this is colossal madness. social costs because it has the first condition crushing the Argentinian peso into powder until it touches “feces”As Milei said during the election campaign, in the midst of a sharp rise in the price of the dollar, which he encouraged with his journalistic statements. Carlos Rodríguez, a key member of the advisory team, announced that $40 billion is needed to dollarize the country.
During his first intervention this Monday, Milei recalled: privatize all possible state assets. But the goose that lays the golden eggs is the oil company YPFHe is one of the architects of the energy autonomy process, in which the state has a 51 percent share and the results of which will begin to be seen in 2024. The president-elect has announced his intention to do the same for energy company Enarsa. and with the public media outlet. “Everything that can be in the hands of the private sector will be in the hands of the private sector,” he announced.
3. State Reform
Milei is not afraid of customers’ demands International Monetary Fund (IMF) Controlling public expenditures. Its program envisages tripling the financial institution’s recommendations and reducing State budget items by 15%. abolition of ministries, subsidies and social benefits. “We are committed to analyzing a State reform in which greater efficiency and lower costs can be achieved,” said economist Diana Mondino, a future Secretary of State. The far right knows that these prunings will lead to a major crisis. wave of protests. Milei anticipated this scenario and is considering responding solid hand.
In addition to the reduction in public spending elimination of taxes and energy subsidiesalso a deep labor reform It hinders the achievements of the labor movement such as: overpayment.
At the same time, the far right also wants to return to the system. private pensionIt reigned in the 90s and was nationalized 13 years ago.
4. Export and commercial opening
Milei will promote as well as strong economic regulation grain, meat, energy and mineral exports significantly reduces taxes.
Milei denies effects climate change. For this reason, he sees discussions and complaints about the environmental costs caused by monoculture or underground mining and energy extraction (shale oil) as unfounded.
Although he threatened to break up trade alliances during the campaign for purely ideological reasons Chinese And BrazilThis company, representing two million jobs, would have contacted the diplomatic representatives of both countries and explained to them that this was all election bravado.
As in other neoliberal cycles (1976, under the military regime, 1989, with Peronism in power, and 2015, under the presidency of Mauricio Macri), the future government is in favor of a new reform. unlimited commercial openings Look in the mirror of the Chilean experience. “Once we reform the government and become competitive in the labor market and in terms of tax pressure, if I tell a stubborn businessman that he will have to compete with the world, he will not like it,” Milei said. offer. Such openings led to the closure of thousands of small and medium-sized businesses between 2015 and 2019 alone.
5. Without the Ministries of Culture and Education
Ministries in a country proud of its writers and artists Education And Culture. Room Film InstituteWhich finances numerous projects and public media. Milei will be operational Ministry of Human Capital He assured that by this he was trying to eliminate inequality of opportunity.