Milei’s Victory Redefines Argentina’s Future as Populism and Power Collide

   

Javier Milei's Victory: A New Chapter for Right-Wing Populism in Argentina?  - ECPS

Argentina has taken a dramatic turn in its modern history. In one of the most polarizing elections the nation has seen in decades, Javier Milei’s right-wing libertarian movement stormed to victory in the 2025 national elections.

The result, which arrives amid economic chaos and deep social frustration, signals a sweeping rejection of the establishment and a reshaping of Argentina’s democratic identity.

The alliance between Milei and former U.S. president Donald Trump, who openly endorsed him weeks before the vote, has added fuel to an already volatile political climate and placed Argentina at the heart of a global populist resurgence.

Javier Milei’s campaign began as a political experiment — a fiery economist railing against what he called “the corrupt caste.” His speeches were unpredictable, filled with wild gestures and biting insults toward the political elite.

But behind the theatrics, his message resonated with millions of Argentines exhausted by inflation, unemployment, and political gridlock. Milei promised to slash government spending, privatize state-owned industries, and even replace the peso with the U.S. dollar. To his followers, he was not a politician; he was a revolution wrapped in human form.

The final weeks before the election were electric. Milei’s rallies filled plazas across Buenos Aires, Córdoba, and Mendoza with purple flags and chants of “¡Libertad o nada!” Freedom or nothing.

His opponents painted him as dangerous, an anarchist disguised as a reformer who would burn down institutions instead of fixing them. But the more they attacked him, the stronger he seemed to grow.

 

Every insult from the political establishment became evidence, for his supporters, that he was the only one unafraid to tell the truth.

Wannabe Fascist Javier Milei Endangers Argentine Democracy

Then came the moment that changed the race: Donald Trump’s endorsement. The former U.S. president praised Milei as “a great fighter for freedom and prosperity” and compared his struggle to his own political battles in America.

Overnight, Milei’s campaign gained international attention. Trump’s support electrified conservative voters and infuriated Argentina’s left-wing establishment.

To many, it symbolized an alliance of anti-establishment forces that transcended borders. For others, it was a chilling sign that Argentina might follow the path of democratic backsliding seen elsewhere.

The night of the election felt like a storm that had been building for years finally breaking loose. When the results came in, the numbers told a story that was less about percentages and more about fury.

Milei’s party, La Libertad Avanza, captured around forty percent of the national vote — enough to dominate the new legislature and crush the traditional Peronist coalition that had ruled Argentina for generations.

Fireworks exploded above the Obelisco, and Milei emerged from his campaign headquarters waving a chainsaw — a symbol of the cuts he vowed to bring to government spending. The crowd roared as he shouted, “We are going to rebuild this country from the ashes they left behind!”

Inside Argentina’s political circles, shock quickly turned to calculation. Allies of the defeated opposition met behind closed doors to discuss survival strategies.

Business leaders, once skeptical of Milei’s temperament, scrambled to adjust to a government that promised to dismantle regulation overnight.

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Meanwhile, ordinary citizens watched from their homes with a mix of hope and dread. Some toasted to the beginning of a new era. Others feared that Argentina’s fragile democracy might not survive the turbulence of Milei’s vision.

In Washington, the Trump administration celebrated what it called “a victory for freedom.” Behind the scenes, U.S. diplomats began drafting plans for economic cooperation, including a conditional bailout package designed to stabilize Argentina’s crumbling currency.

The promise of American investment pleased financial markets but stirred nationalist resentment among Argentines who saw it as external interference. Milei himself brushed off criticism, declaring that Argentina would never again be “a slave to the international bureaucrats of the IMF.”

As the new government forms, Milei faces a paradox. His power is immense, but so are expectations. He has promised to slash the number of ministries, dissolve central-bank controls, and open Argentina’s markets to the world.

His economic plan is radical and risky — one that could either rescue the country from decades of stagnation or plunge it into deeper chaos. Economists warn that dollarization might cause a short-term financial collapse, while supporters argue it will finally stop inflation once and for all.

In cafes and offices across Buenos Aires, the question is whispered again and again: will he actually do what he says?

Milei’s critics point to his unpredictable temperament. He is known to lash out at journalists, dismiss political allies, and make abrupt policy shifts on social media.

His inner circle, which includes his sister Karina Milei as a chief strategist, functions more like a family business than a traditional government. Yet his charisma remains undeniable.

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Even those who fear his agenda admit that he has tapped into something real — a deep anger that runs through Argentina’s working and middle classes, people who feel robbed of dignity by decades of broken promises.

The streets of Buenos Aires now tell the story of a divided nation. Posters of Milei’s grinning face share walls with graffiti calling him a “madman.” Taxi drivers argue with passengers about whether he’s a genius or a dictator in waiting.

In the shantytowns surrounding the capital, families worry about the loss of subsidies that keep food on their tables. In upper-middle-class neighborhoods, investors whisper about a coming golden age for private enterprise. Every corner of Argentina feels the tremor of change.

Beyond its borders, the world is watching closely. Brazil’s government has expressed unease over Milei’s anti-Mercosur stance. European leaders, wary of Trump’s influence, have adopted a wait-and-see attitude.

Meanwhile, conservative movements in Chile and Colombia have hailed the Argentine result as proof that populism can still defeat entrenched socialism. The political map of Latin America is shifting once again, and Argentina has become the symbol of its newest experiment.

Inside the presidential palace, plans are already being drawn for Milei’s first hundred days. Advisors are preparing emergency decrees to reduce the size of the public sector, eliminate taxes on exports, and privatize major industries.

Supporters call it the rebirth of Argentina. Critics call it economic shock therapy. What is clear is that the days of cautious incrementalism are over. Milei intends to govern as he campaigned — fast, loud, and without apology.

But governing will test him in ways the campaign never did. Parliament, though more sympathetic than before, remains fragmented. The judiciary, largely staffed by establishment figures, may block his most extreme measures.

Radical libertarian populist Javier Milei wins Argentina presidential  election | Fortune

Labor unions are preparing for strikes. Protest movements are forming online, planning demonstrations that could rival those of the 2001 crisis. Argentina’s streets have always been loud; under Milei, they may become deafening.

Still, for all the uncertainty, there is a sense of possibility hanging in the air. Some believe Milei’s win could spark a long-overdue reckoning with Argentina’s economic reality.

Others see it as the beginning of another cycle of chaos. History offers both precedents and warnings. Each generation of Argentines has looked for a savior who promises to finally fix the nation’s problems.

Each time, they have been left disappointed. Milei insists he is different — that he will rebuild Argentina from the ground up, that he will destroy what he calls “the parasitic state” and unleash the creativity of its people.

Whether that becomes liberation or disaster will depend on how he wields the extraordinary power now in his hands.

As dawn breaks over Buenos Aires the morning after the election, crowds still gather outside the Casa Rosada. Some carry Argentine flags, others carry signs of protest.

Music, laughter, and shouting fill the plaza. It feels like a carnival and a confrontation all at once. The sun reflects off the glass towers downtown, casting a golden hue over a city standing at a crossroads.

Javier Milei's triumph in Argentina foreshadows instability ahead - SWI  swissinfo.ch

For better or worse, Argentina has chosen revolution — not the one of rifles and barricades, but of words, ideas, and ideology. The world’s gaze has turned south, to a nation ready to gamble everything on a man who promises to change it all.