The article discusses Javier Milei, Argentina’s radical libertarian leader, who initially captivated both domestic and international audiences with promises to overhaul the country’s political and economic systems. However, his administration has faced severe economic turmoil, marked by a collapsing peso and ongoing poverty issues. Despite claiming to challenge the corrupt political elite, the author argues that Milei’s policies merely replicate past oligarchic practices, using debt to support an unsustainable currency. The piece critiques Milei for failing to enact genuine libertarian reforms, instead serving the interests of a wealthy few while further impoverishing the general population. The author suggests that various historical precedents in Argentina demonstrate a consistent pattern of elites using financial mechanisms to preserve their wealth, ultimately raising questions about the viability of true systemic change.

