Argentina’s Industry Crumbles Under Milei’s Free-Market Experiment: Who Will Hold Power Accountable?
As Argentina’s industrial heartland falters and thousands lose jobs, Javier Milei’s harsh austerity and trade liberalization face a reckoning—raising urgent questions about the true cost of free-market ideology without protection for national industry.
In the shadow of Buenos Aires, a once bustling textile factory now echoes with silence—a stark symbol of the deepening crisis gripping Argentina under President Javier Milei’s libertarian economic policies. Two years after pledging to revive a crisis-ridden economy through fierce austerity and sweeping free-market reforms, Milei confronts mounting evidence that his experiment is unraveling the nation’s industrial backbone. Are Free Markets Without Borders Destroying Argentina’s National Industry? Luciano Galfione, head of a 78-year-old textile firm, laments cutting production by 80% and slashing half his workforce as cheap imports flood the market unchecked. Far from revitalizing domestic manufacturing, Milei’s removal...
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