The Neoliberal Ghost of Pinochet Is Finally Being Exorcised from Chile — Paul Antonopoulos

More than 46 years of initially military imposed neoliberalism has finally exploded into widespread frustration, protest and violence. This neoliberalism culminated in 2017 with twelve businessmen, among them Chilean President Sebastián Piñera, monopolizing at least 17% of the national GDP, demonstrating the huge gap in wealth equity. There is little doubt why the latest protests have exploded violently, with 18 dead so far – Piñera had declared war on his own people to protect his lucrative monopoly racket.

It is without surprise he had declared war. The aggressive neoliberalism that has dominated Chile since the 1973 Chilean coup d’état when socialist President Salvador Allende was killed and eventually replaced by neoliberal Augusto Pinochet, with the backing and blessing of U.S. President Richard Nixon, Henry Kissinger, the CIA and the so-called “Chicago Boys” neoliberal economic team. 

Although the so-called communist threat was defeated in Chile, it was not until 1990 for the kinder face of neoliberalism to return to the country, with the first democratic election taking place since the coup. The return to democracy had not meant any differences to the economic system....

The pernicious globalist model was applied and deemed a miracle because of significant GDP growth. However, this is only to the benefit of shareholders and private companies and does not reflect on the average Chilean experience. According to the Organization for Economic Cooperation and Development (OECD), the Gini coefficient value, a method to measure wealth distribution, stood at a record 0.50 in 2017, one of the highest inequality coefficients in the world....

Neoliberal propagandist Enrique Krauze Kleinbort – accused of the coup attempt to overthrow Mexican President López Obrador – proclaimed that Chile was ‘the role model’ for Latin American economic growth. If the inequality is considered a ‘role model,’ it shows that the oligarchs of Latin America have not realized a growing trend of violent opposition to neoliberalism, as the recent case in Ecuador demonstrates....

This is not "turbo-capitalism," but neo-feudalism.

Global Research
The Neoliberal Ghost of Pinochet Is Finally Being Exorcised from Chile
Paul Antonopoulos