The Intelligence from The Economist

Chilean effect: the 50th anniversary of the coup

Sep 13, 2023
Join Michael Reed, a Chilean politics expert, Annie Crabel, an environmental law connoisseur, and Catherine Nixey, a bestselling author, as they dive into the legacy of Salvador Allende's coup and its ripple effects on modern Chile. They discuss the ongoing debate on leadership memory and a landmark climate lawsuit by youths in Montana, challenging state energy policies for a cleaner environment. Plus, discover the unpredictable world of publishing and what truly makes a book a bestseller, with insights on the continued charm of children's literature.
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ANECDOTE

Chilean Coup of 1973

  • On September 11, 1973, the Chilean armed forces overthrew President Salvador Allende's government.
  • Allende died by suicide, and General Augusto Pinochet took power.
INSIGHT

Factors Leading to the Coup

  • Allende's socialist policies faced challenges due to lack of parliamentary majority and US intervention during the Cold War.
  • These factors, combined with economic instability, led to the 1973 coup.
INSIGHT

Pinochet's Regime and Economic Policies

  • Pinochet's rule was marked by a reign of terror and free-market economic reforms implemented by the Chicago Boys.
  • These policies led to initial economic hardship but later contributed to sustained growth.
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