2024-01-23 02:05:36
The Davos Forum has been held since 1971, which began as a forum for European companies, with the idea of implementing the best administrative practices of American companies. Today it is a world economic forum, sponsored by the rich and powerful, where politicians, activists, journalists, opinion leaders, thinkers and businessmen gather to discuss, share experiences and propose solutions to the world’s most pressing problems. This year, in its 54th session, its theme is “rebuilding trust.”
The truth is that the Davos Forum has not been exempt from criticism, because for some, capitalism and globalization create poverty and destroy the environment and it is not appropriate for those who generate the problems to be the ones to indicate the way to solve them. Well, in this elite scenario, the president of Argentina, Javier Milei, made a masterful intervention in which he exposed the critics and pointed the way to solving the problems of poverty and injustice, not only in Argentina, but in the world. For Milei, we are in the most prosperous moment in history, a consequence of the explosion of wealth generated by capitalism. He said that the West was in danger, because the countries and actors that should defend capitalist values were not doing so adequately and impoverishing and failed socialism, economically, socially and culturally, had gained ground.
Furthermore, he indicated that intellectuals and activists rely on an erroneous neoclassical theoretical framework of market failures, which justifies state intervention, when precisely freedom and not intervention is what has achieved the best levels of well-being. Likewise, he said that the market is not understood, which is nothing more than the voluntary exchange of property rights, so talking regarding market failures is an oxymoron. For Milei, regulations generate distortions in the price system that prevent savings, investment, growth and poverty reduction. He explained libertarianism and pointed out that entrepreneurs are social heroes and benefactors, providing more and better goods and services at better prices, and that they do not appropriate wealth, but rather generate it and contribute to the general well-being. For the Argentine President, collectivism or socialism, whatever it is called, is not the solution.
For him, capitalism is the way to end poverty and is the morally desirable system. He indicates that the left attacks capitalism as unjust and individualistic, pointing out that collectivism is altruistic and seeks social justice, when in reality social justice is not fair and does not contribute to the general well-being. He concludes that reinvented socialism is a model contrary to the one that has historically generated well-being and prosperity. It ends with an invitation to Western countries to return to the path of prosperity through economic freedom, the limited state and respect for private property, since the state is not the solution, but the problem itself, and they are The businessmen are the real protagonists. Milei roared in Davos, pointing out the solution and the path in a collectivized world.
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