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By Rainer Zitelmann Argentine President Javier Milei delivered a remarkable speech at the World Economic Forum in Davos on January 17, 2024. I have compiled and commented on some of the most important and significant passages. Thesis 1: Capitalism is the best and only recipe against povertyMilei begins with a historical review and makes it clear that it was only capitalism, which emerged around 200 years ago, that has given a large proportion of the world’s population an opportunity to escape poverty. Milei: “… when you look at per capita GDP since the year 1800 and until today, what you will …

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