Kate Andrews Kate Andrews

Javier Milei dismantles the Davos groupthink

Photo-illustration: Lukas Degutis (Getty)

Each year the World Economic Forum’s conference in Davos, Switzerland draws the attention of conspiracy theorists. In truth, nothing is happening in the ski town that doesn’t happen every other day of the year: it’s the world’s most senior politicians and biggest business leaders working together to implement their vision for the future. The only difference is that for one week in Switzerland, this is on full display for everyone to see.

It’s not the funny business happening behind the scenes that should cause alarm, but what we can see so blatantly in front of our eyes: the calls for higher taxes, the support for a bigger state, the insistence for more red tape (the kind that helps businesses already at Davos secure their position and makes it harder for the entrepreneur to ever join them). It’s picture-perfect crony capitalism – the kind that turns people off the idea of free enterprise more generally, because so many parts of the system are rigged.

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