No menu items!

Capitalism on Trial in Chile

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.

All-in-One
Alternative Bank Solution
Highly secured Crypto Trading Platform
Checkout IXFI Friendly Crypto Exchange

More from author

Related posts

AdvertismentIXFI Friendly Exchange

Latest posts

Institutions are exploring the space — KPMG Canada crypto team

Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets, but was also considering the...

TAG Heuer has an NFT smartwatch: Nifty Newsletter, June 15–21

Yahoo Hong Kong executive Lorraine Cheung said that activities in the Metaverse are seen by Hong Kong residents as a good alternative to social...

Voyager enters into $500M loan agreement with Alameda amid 3AC exposure

Voyager announced that Three Arrows Capital owes the firm 15,250 BTC and $350 million USDC.

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!