Economist Podcasts Not fare enough: Chile’s protests
Oct 29, 2019
Brooke Unger, America's editor for The Economist, shares her expertise on the Chilean protests that evolved from fare hikes into a powerful movement for social equality. Wendelin von Bredow, European business and finance correspondent, discusses the economic successes and political challenges facing the Visegrad Four countries. The conversation highlights systemic inequalities in Chile and examines labor market dynamics in Central Europe, raising questions about the future of democracy and economic stability.
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Chile's Protests Go Beyond Metro Fares
- Chileans are protesting for better wealth distribution, pensions, education, and healthcare.
- The protests highlight inequality despite Chile being one of South America's most successful economies.
Unprecedented Protests in Chile
- Over a million people protested in Santiago, with looting, arson, and around 20 deaths.
- While uncommon, protests have precedent in Chile, like demonstrations over education and pensions.
Chile's Reliance on Private Services
- Chile's model relies on private provision of public services, causing inequality.
- Protesters are demanding better access to essential services like healthcare and education.