Argentina elections: Will an anarcho-capitalist win? Presidential elections are scheduled to be held in Argentina on 22 October 2023. The primary elections that took place in mid-August ended with quite a surprise. The political newcomer Javier Milei, a right-wing libertarian, came in first place. He now has a chance of becoming Argentina’s next president. In a moment of national crisis, many Argentineans are placing their hopes in the self-proclaimed "anarcho-capitalist". Over the last few years, Argentina has been experiencing a severe economic crisis. Latin America's third largest economy is currently undergoing a recession and is expected to shrink by 2.8% this year. Add to this a skyrocketing inflation, declining wages, increasing inequality, precarious employment, and a rapidly growing foreign debt. In September 2023, Argentina’s annual inflation rate climbed to over 124 percent- the highest it's been since 1991. The national currency has suffered from the ongoing conflict in Ukraine and harsh droughts over the past two years, further exacerbating inflation. Argentina's foreign debt burden adds to the tense economic situation. Fewer and fewer funds are available for social programs. More than 40 percent of Argentina’s population is suffering from hunger. Poverty and unemployment have led to a rise in crime and drug trafficking. Unlike in the past, there are hardly any social protests. Many Argentineans feel exhausted and baffled. Others are hoping for a genuine and fresh beginning. This is the economistic context in which Javier Milei operates. He has vowed to bring an end to Argentina's economic difficulties with radical measures.