WEF, Davos 2024, Javier Milei

Watch: Argentina President Javier Milei Addresses The World Economic Forum at Davos 2024

President Javier Milei of Argentina delivers a remarkable address at Davos during the World Economic Forum Annual Meeting 2024. Watch:

Klaus Schwab WEF's chairman & Argentina President Javier Milei at the WEF Annual Meeting 2024 in Davos. (Photo: Screenshot from the video, World Economic Forum, YouTube)

President Javier Milei's WEF Davos 2024 address presented a bold critique of traditional economic models and the encroachment of collectivist ideologies on individual freedom and economic growth.

He questioned the existence of market failures, using historical data to argue that concentrated economic structures, often labeled as monopolies, have been essential drivers of economic growth since 1800.

Buenos Aires, Argentina; August 13 2023; Close-up of Javier Milei while voting in the PASO elections in Argentina. (Photo: Facundo Florit, Shutterstock)

Milei criticized neo-classical theories that advocate for state intervention to correct market failures, warning against regulating monopolies, as it could hinder profits and impede economic growth.

He expressed concern about the infiltration of Neo-Marxist ideologies into Western societies, impacting various sectors. Milei urged Western countries to embrace economic freedom, limited governance, and respect for private property for sustained prosperity, drawing on Argentina's experiences.

In concluding remarks, President Milei encouraged business leaders not to be intimidated by political figures and emphasized their role as contributors to general well-being. He pledged Argentina's staunch support for freedom.

Watch the full Special address by Javier Milei, President of Argentina | Davos 2024 | World Economic Forum:

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