Javier Milei is splurging on the army
Many Argentines are asking why
Self-proclaimed anarcho-capitalists ought to be sceptical of large standing armies. President Javier Milei of Argentina seems to relish them. Even as he tightens the government purse, he has committed to raising defence spending from 0.5% of GDP to 2% over the next eight years. He vows to “restore the prestige” of the army and transform it into a hi-tech force.
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This article appeared in the The Americas section of the print edition under the headline “Javier Milei’s military splurge”
From the August 24th 2024 edition
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