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Argentina’s President-Elect Javier Milei ‘No Anarcho-Capitalist’ Says Former Greek Finance Minister

Argentina's President-Elect Javier Milei 'No Anarcho-Capitalist' Says Former Greek Finance Minister

According to Greece’s former finance minister, Yanis Varoufakis, Argentina’s president-elect Javier Milei is “no anarcho-capitalist.” The former finance minister said Milei’s plan to fight inflation with dollarization “is like nuking a country to get rid of Covid-19.”

Milei a Dictator in Libertarian Clothing

Former Greece finance minister and anti-capitalist, Yanis Varoufakis, has warned that Argentina’s incoming president Javier Milei is “no anarcho-capitalist” as many libertarians would like to believe. Instead, Varoufakis, now an economics professor, said he sees the far-right winner of the Nov. 19 poll as another (Jorge Rafael) Videla but in libertarian clothing. Videla was Argentina’s military ruler between 1976 and 1981.

The remarks by Varoufakis, who led Greece’s debt renegotiation talks with the European Central Bank (ECB) in 2015, followed reports that Milei is planning to honor his promise to abolish the country’s central bank. In addition to shutting down the central bank, Argentina’s president-elect has reportedly promised to privatize the state energy company YPF and dispose of all public broadcast networks.

Milei is no anarcho-capitalist. Robert Nozick (author of ANARCHY, STATE & UTOPIA) was that. No, Milei is a new Videla in libertarian clothing determined to end the mere possibility of Argentinian democratic sovereignty. As for dollarisation vs inflation, it is like nuking a… https://t.co/QR2IZGC3A8

— Yanis Varoufakis (@yanisvaroufakis) November 20, 2023

Milei’s unorthodox solutions to problems afflicting Argentina similarly piqued the interest of many bitcoiners and crypto enthusiasts around the world. In addition, Milei’s past positive remarks about the crypto assets have greatly endeared him with the bitcoin community.

However, in a post on X (formerly Twitter), Greece’s former finance minister rejected the notion that Milei is proving to be an anarcho-capitalist. Instead, he said he sees the American philosopher and author Robert Nozick as the real anarcho-capitalist.

Varoufakis Against the Use of Dollarization as an Inflation-Fighting Tool

According to Wikipedia, anarcho-capitalism is an anti-statist, libertarian political philosophy and economic theory. This theory is supported by those who advocate for the replacement of centralized states with stateless societies with “systems of private property enforced by private agencies.”

#ARGWatch: In celebration of Javier Milei’s election victory, Argentines have headed to the streets, where they are ripping up their worthless pesos and using them as confetti.

Finally, it looks like Argentina will DITCH THE PESO & OFFICIALLY DOLLARIZE.pic.twitter.com/rVLol2ahcb

— Steve Hanke (@steve_hanke) November 20, 2023

Meanwhile, as previously reported by several media outlets including Bitcoin.com News, Milei had pledged to dollarize the economy. Many experts, including Johns Hopkins economics professor Steve Hanke, support the president-elect’s idea of reining in inflation by dollarizing the Argentine economy

However, concerning Milei’s plan to fight Argentina’s runaway inflation via dollarization, Varoufakis said:

“As for dollarisation vs inflation, it is like nuking a country to get rid of Covid-19. Argentinians deserve our solidarity in the nightmare they are about to descend.”

What are your thoughts on this story? Let us know what you think in the comments section below.

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  • 15.10.25 18:07 crypto

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  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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