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

M31 Capital launches $100M Web3 investment fund with $50M in commitments so far

The investment fund, which was founded by an early Bitcoin investor, said the current market cycle is the first time in a decade where...

Coinbase CEO announces documentary on cryptocurrency and exchange

Armstrong said that the documentary will capture “the good, bad, and ugly” of building a tech start-up from the ground up.

DataVault requests US election agency’s advice to send NFTs as a campaign fundraising incentive

The firm planned to market NFTs “in a manner akin to a campaign hat or souvenirs,” intending to have political committees offer them to...

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!