Economist Podcasts The Intelligence: Milei’s laborious reforms
Jan 26, 2024
Ana Lankes, a writer on Latin America, discusses Argentina’s new radical president and his ambitious labor reforms amidst fierce union resistance. Andrew Miller, a culture columnist, delves into poignant films marking Holocaust Memorial Day, exploring the haunting depictions of domestic life against atrocity. Cassia Sinclair, a color expert, highlights the revival of chrome in design, linking it to cultural moments like Beyoncé's Renaissance tour, showcasing its historical significance and aesthetic impact.
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Milei's Target: The Political Caste
- Argentina's new president, Javier Milei, aims to reform the economy by targeting what he calls the "political caste".
- This caste includes unions, corrupt politicians, and businesses reliant on government contracts.
Chainsaw Symbolism
- Milei used a chainsaw at rallies, symbolizing his intent to drastically cut government spending.
- He quickly devalued the currency, slashed subsidies, and aimed to eliminate many government agencies.
Union Resistance
- Milei's reforms face significant pushback, especially from powerful, entrenched trade unions.
- These unions, deeply connected to the Peronist movement, have a history of resisting non-Peronist presidents.
