"Argentina's Milei Urges Davos Elite to Reject Socialism and Embrace Free Markets"

Argentina's President Javier Milei, a self-described "anarcho-capitalist," urged business and political leaders at the World Economic Forum in Davos to reject socialism and embrace "free enterprise capitalism" to combat world poverty. He criticized the Western world for being co-opted by a vision leading to socialism and poverty, advocating for freedom and warning against collectivist experiments. Milei's trip to Davos marked his first overseas tour since taking office, and he proposed "shock therapy" measures including dollarizing the economy and privatizing the pension system to address Argentina's profound economic crisis.