The Chile Project: The Story of the Chicago Boys and the Downfall of Neoliberalism

[@pablogandolfo8057]

There has been no downfall at all of the succesfull free market system in Chile ("neoliberalism"). As a former member of the marxist government of president Salvador Allende, Edwards was led to believe that the young neocommunist president Gabriel Boric would attain his proclaimed goal of destroying capitalism in Chile and thus become a second Allende. But the people of Chile have voted massively to retain the economic system implemented by the Chicago Boys, including the 1980 Constitution signed by president Pinochet. Every poll now indicates that the next president will be either the daughter of a Junta member (Evelyn Mathei) or the brother of a prominent Chicago Boys (Antonio Kast), and of course both will keep and probably deepen the free market system.

[@001Cherith]

Such a timely forum. Just amazing history for everyone to know. When UChicago was trying to set up an economic institute to honor the great economist, Milton Friedman, many leftest student protested for they thought Milton has helped the military dictator, but the fact was that he never had any close relationship with the regime. That's why the university named the new institute Becker Friedman Institute.

[@agomez13]

The Economist's El Boletín newsletter sent me here. Thanks for posting the video.