Milei defends property rights, criticizes populism, and clashes with spectator

President Javier Milei strongly defended private property rights during a speech at the 172nd anniversary of the Buenos Aires Stock Exchange. He criticized opposition parties, stating that those who oppose the "ironclad defense" of property rights are responsible for Argentina's "decadence."

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It is clear that those who oppose the ironclad defense of the right to property are the decadence of Argentina.

Milei argued that violating property rights removes incentives to save, leading to a historical pattern of governments "robbing Argentines." He emphasized that respecting property rights is crucial for saving, investing, growing, and regaining the nation's status as a potential powerhouse.

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If we violate the right to property, there are no incentives to save.

The president's remarks came as his government faced delays in the Senate's debate on a land law, specifically due to resistance to a chapter on foreign land ownership and the absence of key allies. Milei asserted that declaring the inviolability of property rights is not redundant, as it will foster the conditions for economic progress.

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It is not redundant that we are sending a law to Congress to declare the inviolability, respect, and utmost defense of the right to property.

During his address, Milei was repeatedly interrupted by a heckler. When the heckler criticized his economic policies, Milei responded that he had implemented an "adjustment" to counter the "bomb" left by "populists." The interruptions continued, prompting Milei to declare his intention to seek re-election and establish the foundations for "100 years of liberalism," telling the heckler to "go to Cuba" if they disagreed.

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Yes, I am going to finish this term, be re-elected, and be here for four more years.