The present article explores the relationship between politics, economics, and subsidiarity in the thought of Jaime Guzmán.First, I emphasize the need for a reading of Guzmán's ideas in their political context, and specifically in light of his anti-communism.Second, I analyze his understanding of subsidiarity, a central aspect of the new regime established during the military dictatorship, which I read as a particularly individualistic version of the concept.This made it possible for Guzmán to collaborate with the economists from Chicago without abandoning his own conservatism.Finally, I address some of the tensions that arise from the peculiar synthesis built by Guzmán.