VISION, MYTHS AND LESSONS OF THE 50 YEARS

Authors

  • Patricio Meller Universidad de Chile

DOI:

https://doi.org/10.22370/pe.2023.15.4019

Keywords:

State Fundamentalism, Market Fundamentalism, economic failure of the Pinochet Dictatorship, neoliberal structural reforms

Abstract

This article briefly reviews the ideological visions prevailing since 1970 - and which unfortunately are still in force today, in extreme groups on both sides of the political spectrum. However, the central focus of the article is aimed at demystifying two myths deeply rooted in Chilean society. First, the belief that the Pinochet Dictatorship was economically successful; empirical evidence will be provided to reveal that it was an economic failure. Second, that the success of the Concertación governments is a consequence of the structural reforms implemented by the Chicago Boys; this is not true, and the article explains the existing differences. Finally, the article ends with two lessons that have not yet been learned by Chilean society.

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Author Biography

Patricio Meller, Universidad de Chile

Departamento Ingeniería Industrial, Facultad de Ciencias Físicas y Matemáticas. Universidad de Chile. Investigador Cieplan

References

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MELLER, Patricio (2016), Un Siglo de Economía Política Chilena (1890-1990), UQBAR, Santiago.

MELLER, Patricio (2005), “Una Revisión del Debate Ideológico-Económico sobre Equidad y Crecimiento”, en Meller (2005), La Paradoja Aparente. Equidad y Eficiencia: Resolviendo el Dilema, Taurus, Santiago.

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MELLER, Patricio (1989), “En torno a la doble condicionalidad del FMI y del Banco Mundial”, Revista de la CEPAL, No. 4

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SAEZ, Emmanuel (2022), “Understanding the Social State”, IMF Finance & Development, March.

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Published

2023-12-26

How to Cite

Meller, P. (2023). VISION, MYTHS AND LESSONS OF THE 50 YEARS. Economic Profiles, (15). https://doi.org/10.22370/pe.2023.15.4019

Issue

Perfiles Económicos n. 15 dic. 2023

Section

Artículos: Dossier 50 años de Economía chilena entre Dictadura y Democracia

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