3min chapter

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Capitalism on Trial in Chile

The Daily

CHAPTER

Is More Capitalism Always Better?

Chileans are saying that the government institutions don't have enough legitimacy to be the ones to come up with a new Constitution. I think the broader context here is that Chile's system was essentially an export from the United States. These were ideas that were embraced in the US so much that our government encouraged and exported them all over the world. But now decades later, we're starting to see the results of that experiment.

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