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| The Clearest Lesson of Javier Milei’s Thumping Victory | The Clearest Lesson of Javier Milei’s Thumping Victory |
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| The election of Javier Milei, a wild-haired showboating weirdo with five cloned mastiffs and a habit of psychic communion with their departed pet of origin, as president of Argentina has inspired a lot of discussion about the true nature of right-wing populism in our age of general discontent. | The election of Javier Milei, a wild-haired showboating weirdo with five cloned mastiffs and a habit of psychic communion with their departed pet of origin, as president of Argentina has inspired a lot of discussion about the true nature of right-wing populism in our age of general discontent. |
| Milei has many of the signifiers of a Trumpian politics: the gonzo energy, the criticism of corrupt elites, the rants against the left, the support from social and religious conservatives. At the same time, on economic policy he is much more of a doctrinaire libertarian than a Trump-style mercantilist or populist, a more extreme version of Barry Goldwater and Paul Ryan rather than a defender of entitlement spending and tariffs. Whereas the party that he defeated, the Peronist formation that has governed Argentina for most of the 21st century, is actually more economically nationalist and populist, having ascended in the aftermath of the 2001 financial crisis that ended Argentina’s most notable experiment with neoliberal economics. | Milei has many of the signifiers of a Trumpian politics: the gonzo energy, the criticism of corrupt elites, the rants against the left, the support from social and religious conservatives. At the same time, on economic policy he is much more of a doctrinaire libertarian than a Trump-style mercantilist or populist, a more extreme version of Barry Goldwater and Paul Ryan rather than a defender of entitlement spending and tariffs. Whereas the party that he defeated, the Peronist formation that has governed Argentina for most of the 21st century, is actually more economically nationalist and populist, having ascended in the aftermath of the 2001 financial crisis that ended Argentina’s most notable experiment with neoliberal economics. |
| You can interpret the Trump-Milei divergence in several ways. One reading is that the style of right-wing populism is the essence of the thing, that its policy substance is negotiable so long as it puts forward figures who promise national rebirth and embody some kind of clownish, usually masculine rebellion against the norms of cultural progressivism. | You can interpret the Trump-Milei divergence in several ways. One reading is that the style of right-wing populism is the essence of the thing, that its policy substance is negotiable so long as it puts forward figures who promise national rebirth and embody some kind of clownish, usually masculine rebellion against the norms of cultural progressivism. |
| Another reading is that, yes, the policy is somewhat negotiable but there are actually deep ideological affinities between right-wing economic nationalism and what might be called paleolibertarianism, despite their disagreement on specific issues. In American terms, this means that Trumpism was anticipated in different ways by Ross Perot and Ron Paul; in global terms, it means that we should expect the parties of the populist right to move back and forth between dirigiste and libertarian tendencies, depending on the economic context and political winds. | Another reading is that, yes, the policy is somewhat negotiable but there are actually deep ideological affinities between right-wing economic nationalism and what might be called paleolibertarianism, despite their disagreement on specific issues. In American terms, this means that Trumpism was anticipated in different ways by Ross Perot and Ron Paul; in global terms, it means that we should expect the parties of the populist right to move back and forth between dirigiste and libertarian tendencies, depending on the economic context and political winds. |
| Here is a third interpretation: While popular discontents have undermined the neoliberal consensus of the 1990s and 2000s all across the developed world, the age of populism is creating very different alignments in the Latin American periphery than in the Euro-American core. | |
| In Western Europe and the United States, you now consistently see a center-left party of the professional classes facing off against a populist and working-class coalition on the right. The center-left parties have become more progressive on economic policy relative to the era of Bill Clinton and Tony Blair, but they have moved much more sharply left on cultural issues while retaining their mandarin and meritocratic leadership, their neoliberal flavor. And they have mostly been able to contain, defeat or co-opt more radical left-wing challengers — Joe Biden by overcoming Bernie Sanders in the 2020 Democratic primaries, Keir Starmer by marginalizing Corbynism in Britain’s Labour Party, Emmanuel Macron by forcing French leftists to cast a lesser-of-two-evils ballot in his favor in his runoffs against Marine Le Pen. |