MILEI, DON’T GET CARRIED AWAY!
MILEI, DON’T GET CARRIED AWAY!
On Sunday, October 26, legislative elections were held in Argentina, in which the ruling party led by President Javier Milei emerged victorious. His party, La Libertad Avanza, secured 40.84% of the national vote, achieving an unexpectedly large win. This result contrasts with recent defeats suffered by libertarians in provincial elections, particularly in the City and Province of Buenos Aires.
With this outcome, Milei and his allies will increase their representation from 37 to 93 deputies and from 6 to 19 senators, consolidating a position that allows them to sustain presidential vetoes and push forward structural reforms. Peronism, grouped under Fuerza Patria, came in second with 31.67% of the vote, while other forces such as Provincias Unidas and the Frente de Izquierda obtained marginal percentages.
Many analysts interpret this victory as a reaffirmation of Milei’s pro-market policies and as a strengthening of the global far-right, in alignment with figures like Donald Trump, who conditioned a $40 billion financial rescue on the electoral success of the Argentine government.
However, from an economic perspective, the achievements are partial. Inflation remains around 2.5% monthly, with a cumulative rate of 22% so far this year and an annual rate of 31.8%. The economy continues to face a strong dependence on the dollar, which trades at approximately 1,551 Argentine pesos, and structural reforms have primarily affected the most vulnerable sectors: workers, pensioners, education, and healthcare.
The notion that the market alone can resolve economic inequalities has proven to be a fallacy. The concentration of wealth in the hands of a business elite precludes social justice and economic democracy. Milei’s economic model is based on the absence of a welfare state and a cruel dialectical sociology: “the poor must exist so that the rich can be sustained.”
If Milei’s public policies have failed to curb inflation or dollar dependence, and if his “chainsaw” has mainly cut welfare programs, one must ask: why did the Argentine people once again vote overwhelmingly for an option that has failed economically?
Before answering, I offer a reflection from Mexico. For over 36 years, a gang of outlaws—the pseudo-neoliberal political class—robbed us with impunity. They entered our homes, dispossessed us, and walked away unmasked and unpunished. When the people regained their courage, they were wisely led by a visionary man: Andrés Manuel López Obrador. Today, we see the same thieves disguised as justiciars, ethical and democratic, promising to catch the very thieves who robbed us—as if they were not the same people.
This political class, the PRIANistas, as AMLO aptly named them, with the same actors, the same references, and not even a national project to compete with, now pretend to be the “new” option to govern Mexico again. It is a corrupt political class, allied with the economic elite that continues to benefit from the democratic transition, and complicit with the so-called “fourth power”: the mainstream media, which for decades co-governed with the country’s political and economic elites.
This PRIANista class has hit a wall since Obradorism assumed public power, suffering defeat after defeat for the simple reason that they forget the people have awakened and know them well. As long as they remain the same with the same, they will hardly be a political-electoral option for Mexicans. The people know who the thieves are, now disguised as democrats and defenders of legality.
Based on the Mexican experience—and respecting the undeniable differences—I believe Argentine society, cornered between a rock and a hard place, had no choice but to elect Milei’s confusing “libertarians.” They did so because they know that those who previously held power squandered the historic opportunity to halt the country’s economic deterioration. This shows that people have historical memory, and as long as the same individuals—now concerned Peronist politicians dependent on Kirchnerism—pretend to be the solution to the problem they themselves caused, there will be no redemption.
Therefore, Mr. Milei, do not believe that your libertarians won due to intelligent management of Argentina’s grave economic problems, and even less so because of your regressive and puritanical ideas about a supposedly ethical market and economy that will resolve inequalities and democratize wealth.
Your megalomaniacal desire to be part of the rebellion of the economic right, which is now destroying and trampling the Enlightenment narrative and international law, and which appeals only to the power of the economy and arms to maintain global dominance, clings to sustaining a unipolar world led by the junior businessman now posing as the savior of “American greatness.” In this world, Argentina under your leadership is nothing more than an economic bonus, which will eventually be charged back with interest for every dollar lent to uphold your delusional idea of a noble and pure market.
This experience also applies to the Mexican PRIANista opposition, which refuses to accept that Mexico’s peaceful Fourth Transformation is a task for all. Unless they sincerely apologize for the abuses committed against Mexican society, and unless there is true democratization and party renewal—including genuine generational change—they will not be able to compete with Obradorism. Most importantly, they must build a national project with which to dispute the country’s direction, maintain a healthy distance from economic and media elites, and bring to justice those truly responsible for Mexico’s ongoing public crisis.
As long as they continue to bet on figures like Alejandro “Alito” Moreno, with his poor political theory of “moving forward” and his alarmist rhetoric about the “Venezuelization of Mexico,” ignoring that Claudia Sheinbaum won with broad support and reaffirmation of Obradorism; or on Ricardo Anaya, better known as Canallín, who enthusiastically applauded Peña Nieto’s unpatriotic attempt to hand over energy resources to foreign interests, and who now repeats that fossil fuels are a thing of the past without understanding the national context; or on their “star signings” like the schizoid Lilly Téllez and the ignorant Kenia López Rabadán; or on recycled ex-PRI members who believe their surnames and genealogies make them viable options… as long as this continues, the PRIAN will never return to power.
The only hope left for that opposition entrenched and waiting for MORENA’s mistake is that deterioration comes from within the ruling party, where, unfortunately, part of that ex-PRI class has taken refuge to continue its corrupt and politically vandalistic practices. As journalist Hernán Gómez rightly points out, although Sheinbaum has shown progress in poverty reduction, minimum wage, and security, she also faces internal tensions within Morena and economic challenges that could open cracks in the 4T project.
A hopeful future for Argentina, so far from God and so close to the United States. And a Mexico that, I hope, our president Claudia Sheinbaum knows how to protect from the fierce struggles among the “enriched” power groups resulting from the PRIANista migration to Morena. May she realize that the enemy is more within than without, because outside, as long as the opposition is led by caricatures, there is no real danger.
October 2025.
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