Episode description
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Argentina has elected Javier Milei as their new President. Milei has described himself as a libertarian and anarcho-capitalist… but what does this mean? What is an anarcho-capitalist?
Let’s discuss this on today’s episode of Thinking in English!
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Vocabulary List
- Libertarian (Noun): A person who advocates for individual freedom, limited government, and the free-market .
- Anarcho-capitalism (Noun): A political ideology and economic theory supporting the elimination of the state, emphasizing voluntary interactions, private property, and free-market capitalism.
- Nickname (Noun): Informal names given to someone, often reflecting their characteristics.
- Anarchist (Noun): A person who advocates for a society without government or central authority.
- Free market (Noun): An economic system where prices and wages are determined by unrestricted competition and supply and demand.
- Limited government (Noun): A political philosophy advocating for minimal government intervention in personal and economic affairs.
- Private property (Noun): Ownership of assets and resources by individuals or private organisations.