Chile Has Its Own Milei, and the Libertarian Is Just as Radical

Victor Espinosa has a small model of Javier Milei wielding a chainsaw on his desk and a plan for Chile that is every bit as radical as the Argentine president’s libertarian policies.

The economic advisor to Chilean presidential candidate Johannes Kaiser says he would push the budget into surplus in the first month in office, cut corporate taxes, abolish the levy on inheritances and remove the capital gains tax, before introducing a voucher system for education and slashing regulations. And almost as an afterthought, he would privatize the world’s biggest copper company — Codelco — and every other state-owned company in Chile for that matter. Espinosa is nothing if not ambitious.