Argentina

The president of Argentina, Javiar Milei, was elected in 2023. His presidency has been supported by the top brass of tech fascists, including Peter Thiel, Marc Andreessen, Mark Zuckerberg, Brian Armstrong of Coinbase, and Elon Musk. In 2024, he did an official tour of Silicon Valley, meeting many of these parties.

Since election, Milei has made massive cuts to the government and its services and organs, resulting in widespread poverty, unrest, and attacks on the schooling system, students and retirees. His gutting of the government has been a key inspiration for DOGE.

ClimateWire reported that in June 2024, "Elon Musk attended a free-market confab via Zoom to toast Argentina’s regulation-slashing president, Javier Milei. Musk used the opportunity to laud Milei's progress in 'deleting entire departments' of the Argentine bureaucracy — and to extol the virtues of deregulation. 'There has to be some garbage collection process for removing rules and regulations in order for society to function and not to get hardening of the arteries just to the point where you can't do anything,' Musk said."

Milei ran, and now bases his administration on, the political platform of tech fascism in key respects, presenting at Davos 2025, referring to Elon Musk as "my dear friend", and identifying new partners in a "new way of doing politics":

"we are an example of a new way of doing politics, which is about telling people the truth to their faces and trusting that they will understand. Nor do I feel alone because over the course of this year, I have found allies in this fight for the ideas of freedom in every corner of the world – from the amazing Elon Musk to that fierce Italian lady, my dear Giorgia Meloni; from Bukele in El Salvador to Viktor Orbán in Hungary; from Benjamin Netanyahu in Israel to Donald Trump in the United States – slowly an international alliance has been forming among all those nations which, like ours, want to be free and believe in the ideas of liberty."

He stated that Argentina had been "infected by socialism for far too long", and that "what once seemed like the absolute global hegemony of the woke left in politics and educational institutions, in the media, in supranational organizations, or even in forums like Davos, has begun to crumble." Further: "it is our moral duty and our historical responsibility to dismantle the ideological edifice of sickly wokeism, until we have succeeded in rebuilding our historical cathedral." He extols "our pioneering spirit", and "Western civilization" which "represents the pinnacle of human achievement on the fertile ground of its Greco-Roman heritage and Judeo-Christian values."

He railed against "feminism, diversity, inclusion, equity, immigration, abortion, environmentalism, gender ideology" and trans people. He repeated libertarian themes of limiting the power of the state, and called for a "drastic reduction in the size of the state... but also the drastic reduction of all supranational organizations."

These are common ideological themes across the tech fascist axis. Milei's speech at Davos echos Marc Andreessen's "Techno-Optimist Manifesto", which states:

"Our present society has been subjected to a mass demoralization campaign for six decades – against technology and against life – under varying names like 'existential risk', 'sustainability', 'ESG', 'Sustainable Development Goals', 'social responsibility', 'stakeholder capitalism', 'Precautionary Principle', 'trust and safety', 'tech ethics', 'risk management', 'de-growth', 'the limits of growth'."

Like other countries in the tech fascist axis, Argentina is accelerating large-scale tech development projects, including bringing in foreign investment to build nuclear power plants; a quote from Demian Reidel, Argentina's head of nuclear power policy, states: "My dream is to have a place in Patagonia called Nuclear City, where you come with your project and you can just plug it in. The only thing that can supply the energy deficit created by the gigantic data centres the world needs is nuclear." Milei has taken steps to privatize its nuclear power plants, with a spokesperson stating "The idea is to promote private investment to build Argentina's first modular reactor and boost uranium mining." Argentina continues to court foreign investment in its nuclear energy programs.

Argentina's expansion into AI is also accelerating. In late 2025, OpenAI published an article called "Argentina's AI opportunity", stating:

"Argentina has great potential to host the first Stargate project in Latin America. Powered by clean energy, this landmark infrastructure initiative would help position the country as a regional and global leader in artificial intelligence, driving economic growth and expanding opportunity across the country. The project is being led by Sur Energy, building on productive discussions last week in Buenos Aires between President Milei, cabinet officials of his government, and an OpenAI delegation led by Chief Global Affairs Officer Chris Lehane. OpenAI and Sur Energy signed a Letter of Intent (LOI) to explore a large-scale data center project in Argentina."

The Stargate project is building data centers for OpenAI in the U.S. and increasingly around the world. It is funded by OpenAI, Oracle, Softbank and MGX, with participation from NVIDIA and Microsoft.

In 2024, Argentina saw $415 million in startup investment, "more than triple year-earlier levels." Reliable numbers on 2025 investment are not yet available. Argentina, like El Salvador, has created a program to incentivize foreign investment, implementing the "Incentive Regime for Large Investments (RIGI)". It includes reduction or elimination in federal income tax, federal dividends tax, export taxes, trade restrictions and capital controls; per the Atlantic Council, "the RIGI is designed to isolate investors from the most pervasive structural risks in the Argentine economy for the term of a major capital investment."

In January 2025, Coinbase, the crypto powerhouse funded by Andreessen Horowitz, announced it had gained regulatory approval and would launch in Argentina. In its Q1 2025 earnings call, CEO Brian Armstrong stated: “We continue to repeat our successful international playbook driven by obtaining new licenses. So we secured a vast registration in Argentina.” Binance, another dominant crypto exchange, has rolled out a program to allow citizens to use QR codes to facilitate crypto payments in Argentina.

In early 2026, Nubank revealed it was opening in Argentina. Nubank, founded by a former Sequoia venture capitalist, is a venture capital bank funded by Sequoia, Founders Fund (Peter Thiel's VC firm), Ribbit Capital (a crypto VC), and other large VCs and financial institutions. Also in 2026, crypto giant Tether announced its funding of Argentine fintech company belo, focused on stablecoins. Argentina's central bank is exploring measures allowing banks to operate with cryptocurrencies.

In March 2026, Milei held "Argentina Week" in New York to court foreign investment, with the event blurbing Argentina "offers opportunities across shale gas and oil, lithium, copper, other minerals, agri-food, pharmaceuticals, satellite technologies, AI, and advanced digital services, supported by a highly skilled workforce. The Incentive Regime for Large Investments (RIGI, for its acronym in Spanish) provides long-term tax stability, regulatory certainty, and legal protections for investors, strengthening Argentina’s position as a competitive destination for long-term investment."

Argentina Week included days at JP Morgan and Bank of America, panels on artificial intelligence, entrepreneurship and mining, "Argentine talent building global tech companies," "Unlocking Argentina's Mining Frontier" and a keynote from Argentina's "Minister of Deregulation" on "Downsizing the State and Deregulating the Economy". The event also included a conversation with Jacob Helberg, U.S. Under Secretary of State for Economic Affairs; Helberg is tied to the PayPal Mafia and served as an advisor to the CEO of Palantir, Alex Karp.

In April 2026, Peter Thiel began a two-month delegation to Argentina. In addition to private meetings with Milei, El País reports "Thiel had lunch with Santiago Caputo, Milei’s powerful star adviser, dined at the home of the Minister of Deregulation and State Transformation Federico Sturzenegger". The publication notes this marks "the fourth meeting [Milei] has held with Thiel in two years. They met in January 2024 at the Casa Rosada; again in May of that year in Los Angeles, during the Milken Institute forum; and once more in Buenos Aires."

From the same article:

"In Argentina, some researchers believe it is no coincidence that Thiel has returned at the moment of Milei’s lowest approval ratings since taking office in December 2023, amid a difficult economic situation and corruption scandals plaguing his inner circle. 'What Palantir provides is a surveillance and control tool that could be of use to the Argentine government,' says Valeria di Croce, author of El arca de Milei: ¿cómo y con quién construyó su poder? (Milei’s Power Base: How and With Whom Did He Build It?)

Thiel, for his part, is interested in the same things as the U.S. administration: cheap energy, raw materials, and vast tracts of land. 'Argentina is not being invited into technological development,' di Croce adds, 'it is being invited, as [Foreign Minister Pablo] Quirno signed in the United States, ‘to guarantee U.S. national security as a supplier of raw materials.’”

Argentina sits on the Lithium Triangle, a fertile resource for the batteries needed across tech devices and infrastructure. Venture capitalists are rapidly moving into the mining space, with companies including KoBold Metals and Mariana Minerals, both backed by Andreessen Horowitz.

Milei's administration is bringing more policing and surveillance, while drawing Argentina further in the international genocide axis represented by the United States and Israel. The Argentine Ministry of Security has introduced policies "to apply Artificial Intelligence in the prevention, detection, investigation, and prosecution of crime and its connections," through the creation of a Unit of Artificial Intelligence Applied to Security. In 2026, the Buenos Aires Herald reported that "President Javier Milei has carried out a widespread reform of Argentina’s intelligence system, granting spies more power and deepening the secrecy of their activities, via a decree published on Friday in the Official Gazette. Intelligence agents will be allowed to arrest people on the spot — something that till now was reserved for police officers and military police only — and all their activities will be considered 'covert.' In addition, the State Intelligence Secretariat (SIDE) will have the power to ask the armed forces to perform interior intelligence tasks."

In June 2025, Milei was granted Israel’s “Genesis Prize” for his support of Israel. The prize carries a $1 million reward, which will be used “to launch an initiative aimed at improving diplomatic relations between Israel and Latin American countries and fighting antisemitism in the region.” During his acceptance speech at the Knesset, Milei stated: “I said at the beginning of my term that I consider Israel and the US as our two main strategic partners… The fact that we share the same ideals makes us partners. Our government confirms Israel's right to defend itself. We did not hesitate to declare Hamas a terrorist organization and in 2026 we will move our embassy to Jerusalem.”

In July 2025, Argentina signed an agreement with the US military to obtain 8×8 M1126 Stryker infantry fighting vehicles. The United States Department of Defense issued a release on the occasion, relaying: “Hegseth said China poses a threat to the U.S., Argentina and the region, adding that, ‘Regional peace demands the utmost will and tenacity, and I think we can face these shared security challenges together, and I know we will.’ The defense secretary applauded Argentina's efforts to bolster its defense relationship with the United States, noting its decision to acquire U.S. F-16 Fighting Falcon, as well as Stryker fighting vehicles… [Argentine defense minister Luis Petri] said that the bonds between Argentina and the United States will become stronger. ‘Our relationship is at its best point, and our partnership will continue to grow in all areas of government, but fundamentally in defense,’ Petri said.”

As the Argentinian economy continues to struggle, the United States stepped in with an aid package, offering a $20 billion currency swap and reportedly raising another $20 billion "through a mix of financing from sovereign funds and the private sector." Trump has said this support will be predicated on the successful re-election of Milei. Trump is also quadrupling imports of beef from Argentina, with Reuters reporting: "Raising the tariff rate quota on Argentine beef to 80,000 metric tons will let the country ship more of its beef to the U.S. at a lower rate of duty. U.S. beef prices have set records due to tight cattle supplies and strong consumer demand."

The Human Rights Watch Argentina: Events of 2025 report states:

"Year-to-year price inflation slowed to 33.6 percent from 236.7 percent in 2024. However, price inflation for rights-essential goods and services remained higher, with housing, water, and energy prices increasing by 55.4 percent in 2025.

Nationally defined income poverty and extreme poverty rates declined in 2025, though at a slower pace than in 2024. According to official data, 31.6 percent of the population was experiencing poverty in June 2025, down from 54.8 in June 2024. As of June 2025, 6.9 percent of the population was living in extreme poverty—which the government defines as the inability to meet key elements of the right to food—and 45.4 percent of children under age 14 were living in poverty.

The government enacted severe cuts to public financial support for rights-essential public services and programs, including education, pensions, health care, and support for people with disabilities. However, it expanded the budget for certain social security programs, particularly the Universal Child Allowance (AUH), a non-contributory cash transfer program for low-income families with children or people with disabilities. Milei vetoed laws passed by Congress to increase pension payments, university funding, and social security for people with disabilities, but Congress overturned the vetoes."

The Human Rights Watch report expresses serious concerns about violence against protesters, attacks on journalism, cuts to programs addressing gender-based violence, erosion of disability rights, and an increase in hate crimes, as "The National Registry of Femicides reported 228 femicides—the murder of women and girls because of their gender—in 2024. The government deepened cuts to programs designed to address gender-based violence and provide urgent assistance to victims... between January and June 2025, the National Observatory of LGBT+ Hate Crimes, a federal coalition of human rights groups, documented that 17 people were killed and 85 were injured because of their sexuality, gender expression, or gender identity, a 70 percent increase compared to the same period in 2024."

Argentina has withdrawn from the World Health Organization along with the United States; in May 2025, the U.S. Health and Human Services issued a joint statement with Argentina's health minister, stating "The WHO’s handling of the COVID-19 pandemic revealed serious structural and operational shortcomings that undermined global trust and highlighted the urgent need for independent, science-based leadership in global health... The absence of meaningful reforms, disproportionate financial demands, and the increasing politicization of the organization have ultimately led the United States and Argentina to withdraw from the WHO."

As efforts to secure a right-wing stranglehold on Latin America continue, Milei has allied with Nasry Asfura, the new Trump-installed president of Honduras, and backed the US embargo on Cuba at the UN, marking "a 180-degree turn in Argentina’s diplomatic stance, [] another sign of President Milei’s unconditional support for the U.S. amid the full-scale bailout his government received from the Donald Trump administration."

In November 2025, the Middle East Monitor reported: "Israel and the United States have come under fire after voting against a United Nations resolution reaffirming the absolute prohibition of torture. The vote, held during the 80th session of the General Assembly … saw 169 nations support the measure. Only three states opposed: the US, Israel, and Argentina."

In March 2026, Milei joined the Shield of the Americas launch event in Miami. Analysis published in Jacobin notes:

"Amid renewed US military aggression in the region, the gathering showcased an emboldened reactionary bloc eager to demonstrate its subservience to US dictates.

The summit drew twelve heads of state to the Trump National Doral Golf Club, with Argentina’s Javier Milei, Ecuador’s Daniel Noboa, El Salvador’s Nayib Bukele, and Chile’s president-elect, José Antonio Kast, joining the conservative presidents of Bolivia, Paraguay, Panama, Honduras, Costa Rica, Guyana, the Dominican Republic, and the prime minister of Trinidad and Tobago...

The nations gathered appeared united only in their submission to Trump; no joint agenda emerged beyond each nation’s commitment to US intervention...  [Kristi] Noem's remarks pointed to US hopes to weaken its allies’ relations with China, now Latin America’s largest lender and trading partner. 'We’ll have [to] reverse these harmful foreign influences that have come into many of our businesses, our technologies, and we’ve seen infiltrate different areas of our way of life,' she concluded."