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Capitalism on Trial in Chile

The Daily

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The Hidden Costs of Economic Growth in Chile

This chapter delves into the economic growth of Chile, often called the 'Chilean miracle,' and how it primarily benefited the wealthy while marginalizing the middle and lower classes. It highlights the failures of privatized social systems like pensions, the resulting poverty among the elderly, and the protests that erupted over neoliberal policies, demanding systemic change and a new constitution.

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