“Anarcho-Capitalist” Mining Boom Powered by the World Bank in Argentina
Javier Milei, the far right, self-described “anarcho-capitalist” President of Argentina has taken a chainsaw to the state, gutting the social safety net and eroding human rights protections. Within days of taking office in October 2023, he issued an emergency decree granting himself sweeping powers to bypass Congress, leading to the dismantling of agencies tasked with defending civil and social rights. Milei’s tenure has since been defined by deep cuts to pensions, education, healthcare, and social services, all while criminalizing protest and dissent. Unsurprisingly, the most vulnerable have borne the brunt –– poverty soared to 52.9 percent by the end of 2024.