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Benzinga
  • 3 years ago
Javier Milei, a libertarian politician in Argentina who describes himself as an "anarcho-capitalist", has been elected President of Argentina. He defeated the ruling party candidate Sergio Massa in a run-off election, winning around 56% of the vote to Massa's 44%. Milei campaigned on pledges to reduce the role of the state and flatten Argentina's political establishment. Argentina has been experiencing high inflation and rising poverty in recent years under previous populist governments. Milei's victory represents a major shift in Argentine politics towards a more libertarian, small-government ideology.
Transcript
00:00 It's Benzinga and here's what's on the block.
00:02 Javier Mele, a libertarian politician in Argentina who describes himself as an anarcho-capitalist,
00:08 has been elected president of Argentina.
00:11 He defeated the ruling party candidate Sergio Masa in a runoff election, winning around
00:16 56% of the vote to Masa's 44%.
00:19 Mele campaigned on pledges to reduce the role of the state and flattened Argentina's political
00:24 establishment.
00:26 Argentina has been experiencing high inflation and rising poverty in years under previous
00:30 populist governments.
00:32 Mele's victory represents a major shift in Argentine politics towards a more libertarian,
00:37 small government ideology.
00:39 For all things money, visit Benzinga.com.
00:41 [BLANK_AUDIO]
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