30 October 2019

Chile: the End of Neoliberalism

A subway fare increase in Chile on 6 October sparked mass civil unrest among poor and middle class Chileans. The incident provoked long-standing feelings of discontent by a people who feel abandoned by billionaire Sebastián Piñera’s government, which has pushed reforms to lower taxes on the wealthy and has also recently been involved in cases of corruption. 

In this context, Professor Marc Hufty touches on some of the underlying reasons for the civil discord but also how it could affect the future of development on the South American continent.