2.7 - Chile (Commanding Heights Sample)

Commanding Heights: The Battle for the World Economy

What Chicago stood for
Cutting the tail off the inflation dog
Growth at a high human price
A tainted legacy

Watch all of Commanding Heights at PBS.org

http://www.pbs.org/wgbh/commandingheights/hi/story/index.html

Category:

Howto & Style

Tags:

• Commanding
• Heights
• Economics
• Chile
• Free
• Markets
• Price
• Controls
• Communism
• Capitalism
• Inequality

[Wraith23]

"2,400 LIVES seems to? me like a very high price to pay."

2000 marxist terrorists and criminals, half of them died the first weeks of the military government fighting to perpetuate the criminal and unconstitutional regime of the marxist Salvador Allende using the same weapons they had illegaly smuggled from Cuba to start their socialist "revolution".

I'm all for peace but these socialist are a bunch of hypocrites.

[7buitre7]

2,400 LIVES seems to me like a very high price to pay. Economic transitions have proven to be both extremely bloody and complex as history has shown. What makes the lives of those who died in the process of change more valuable than those who are better off today? I am all for change, trust me, especially being from a country where socialism and nationalization policies are threatening to destroy the economy and divide the country.  But not wiht a gun to my head.

[stevehwan]

Pinochet was a necessary evil. 

[OliverChile]

TANKS MILTON, THANK PINOCHET, WE ARE THE NUMBER ONE IN LATINAMERICA AND WE ARE A DEMOCRATY ANDA PROPERY COUNTRY!

[goPistons06]

Because the reforms were made during the dictatorship, many people here in Chile associate free market capitalism with bloody dictatorships. Many hate Pinochet, but for the wrong reasons. so let me make it clear, Pinochet was a douche-bag, the Chicago boys weren't.

[stealthswimmer]

Ah , I see. After reading into it a little more I see that you're correct. Thx.

:-)

[Wraith23]

The last time I check the chilean government has been struggling with 3-4% growth a year.

[Wraith23]

Actually chinese people at Tienanmen were protesting for political and economic freedom and against the old and corrupted socialist state.

Thats why the death of Hu Yaobang, an advocate of free market reforms, started the protests.

[Wraith23]

"Collusion between big business and one party government at the expense of labour"

Actually fascism includes all 3 members of the organic society, businesses, labor and the state, hence the name corporatism (the body).

[Wraith23]

Pinochet was "right-wing" in the sense that he believed in private property, individual rights, liberty and the free market capitalism, however it was a still a military government so political liberty was restricted, but not economic liberty.

However the constitution and laws written during that period set the foundations to the modern constitutional republic that Chile is today.

[Wraith23]

The economic boom lasted until 1982, when because of the recession that affected all of Latin America, Buchi incorporated some reforms to the free market capitalist system but I wouldnt call it "keynesian". Then the country started to grow again, at a faster rate and it continued to grow for 10 years.