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The Rise & Fall of Capitalism

Diabolical Lies

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Allende's Economic Experiment: Cybersyn and Challenges

This chapter examines Salvador Allende's presidency in Chile, focusing on economic policies like nationalization and the innovative Project Cybersyn aimed at resource management. While the chapter highlights early successes in GDP growth and worker benefits, it also addresses the political sabotage and economic instability that ultimately impeded these efforts. Furthermore, it reflects on the broader implications of economic systems, challenges to capitalism, and the violent repression faced by dissenters historically.

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