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Capitalism on Trial in Chile

Capitalism on Trial in Chile

Update: 2019-11-1532
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Free-market economists once talked about “the miracle of Chile,” praising its policies as Latin America’s great economic success story. But recently, over a million people have flipped the script, taking to the streets and facing down a violent police response as they demand a reckoning on the promise of prosperity that never came.

Today, we explore how, in Chile, capitalism itself is now on trial.

Guest: Amanda Taub, who explores the ideas and context behind major world events as a columnist for The Interpreter at The New York Times, spoke with Annie Brown, a producer for “The Daily.” For more information on today’s episode, visit nytimes.com/thedaily. 

Background reading: 

  • “It’s not 30 pesos, it’s 30 years.” Our correspondent went to Santiago, the Chilean capital, to understand how a small hike in public transportation fares ignited mass protests.
  • After weeks of demonstrations, Chile’s president said he would support a new Constitution. But for many, it was too little, too late.
  • Our correspondent went inside a trauma unit in Chile that’s responding to “an epidemic” of protesters who have been shot in the eye by police pellet guns. Watch the video below.
Comments (1)

Baleeiro

One interesting fact about the protests that is important to mention 'cause illustrates well all the situation: The former president of Chile is one of the richest men in that country.

Nov 16th
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Capitalism on Trial in Chile

Capitalism on Trial in Chile