Chile: The poster boy of neoliberalism who fell from grace — Branko Milanovic

Summary:
It is not common for an OECD county to shoot and kill 16 people in two days of socially motivated riots. (Perhaps only Turkey, in its unending wars against the Kurdish guerilla, comes close to that level of violence.) This is however what Chilean government, the poster child of neoliberalism and transition to democracy, did last week in the beginning of protests that do not show the signs of subsiding despite cosmetic reforms proposed by President Sebastian Piñera.The fall from grace of Chile is symptomatic of worldwide trends that reveal the damages causes by neoliberal policies over the past thirty years, from privatizations in Eastern Europe and Russia to the global financial crisis to the Euro-related austerity.... Global InequalityChile: The poster boy of neoliberalism who fell

Topics:
Mike Norman considers the following as important: chile, inequality, Neoliberalism, political repression, social unrest

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