Javier Milei, leading La Libertad Avanza, secured 41.5% of the votes for the Chamber of Deputies and 42.2% for the Senate. From now on, his coalition will increase its representation from 37 to 93 deputies out of 257, and from 6 to 19 senators out of 72.
A new Argentina seems to emerge from the muck of interventionism. These results will ensure the viability of Milei’s economic plan, which, as of October 2025, has already managed to reduce inflation from 200% to 33%, achieved the first fiscal surplus in 14 years, and reduced poverty from 57% to 38%. Remarkable results for a country still mired in misery, results that seem to terrify the opposition and the left all over the world, who would rather see Argentina sink into poverty than admit that liberalism works. Because, as Axel Kaiser said, communists care about the idealized abstract worker, not the concrete real worker’s life.
It seems the opposition’s approval of the Paper Ballot Law did not go well, a long-demanded measure that reduces voting costs, increases transparency, and improves democratic quality, something the Peronists apparently needed now… that they are no longer in power.
Following the low turnout in these elections, Axel Kicillof, governor of Buenos Aires, stated: “Milei is mistaken if he celebrates this electoral result, where six out of ten Argentinians said they disagree with the model he proposes.” Only 67.8% of the electorate showed up to vote, the second-lowest turnout since the return to democracy in 1983, which saw 77% participation. But Kicillof is wrong: Argentina has voted for freedom. The low turnout reflects the disillusionment of Peronist voters with the economic outcomes of previous governments.
Peronism is defeated and demoralized. Does this mean the Peronists who didn’t vote don’t believe in freedom and don’t want Milei to govern? No, it means they’re indifferent to trying something new, which is why they didn’t vote for either the PRO or Fuerza Patria. “If you don’t change something, nothing will change,” as the saying goes. The widespread absenteeism in this election, far from being a small prick to libertarianism, is a crushing blow to the leechers of socialist parties, all of them.
On U.S. support
Argentine analyst Iñaki Martínez Soria commented for the Spanish newspaper El Confidencial that “U.S. support has been impressive, with direct backing from the President, the Treasury Secretary, and the Secretary of State. This generated market stabilization and prevented everything from crashing before the elections.”
Undoubtedly, Trump’s conditional support has been key. Far from the fatalist predictions of anti-capitalist Peronism, those Peronists who were unable to foresee the ruin of their own country, this capital injection and reconciliation with the current global hegemon is excellent news for Argentina. It will create jobs, boost exports, and increase imports, thereby raising the quality of life for the citizens.
We remind to protectionist supporters that the countries with the least poverty are those with the most economic freedom.
The liberal-libertarian revolution solidifies
“Argentine markets expected to rally after Milei’s election victory,” headlines Reuters on Monday, October 27.
Financial markets are clear about what Milei’s victory means: wealth. Stocks rose, and the country’s risk dropped after the election. This means that “the evil billionaires,” as well as ordinary people (who also invest, increasingly through digital platforms), are willing to put their money into the country. Because they expect the economy to respond favorably.
It is to be expected that this liberal-libertarian revolution will spread to the rest of the world. What will they say when Argentina recovers and wealth flourishes? What will they say if the country regains its place as one of the wealthiest nations in the world? What… narrative will they invent?
Viva la libertad… ¡Carajo!
