At Davos, President Javier Milei of Argentina cautions against the risks of socialism in causing poverty and advocates for free enterprise capitalism as a means of eradicating world hunger and poverty.

Argentina's new President, Javier Milei, spoke at the recent World Economic Forum in Davos and warned that socialism and collectivism pose a significant threat to the prosperity of Western nations. He called on leaders to embrace free enterprise capitalism in order to combat global poverty, citing the history of poverty alleviation through capitalism. The Argentine leader also urged Western advocates for social equity and gender equality to reconsider their positions in light of potential risks to free-market principles and individual liberty.

January 17, 2024
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