Chile Project (eBook)

The Story of the Chicago Boys and the Downfall of Neoliberalism

Sebastian Edwards (Autor)

eBook Download: PDF

2023
Princeton University Press (Verlag)
978-0-691-24936-0 (ISBN)

Infos

How Chile became home to the world's most radical free-market experiment-and what its downfall suggests about the fate of neoliberalism around the globeIn The Chile Project, Sebastian Edwards tells the remarkable story of how the neoliberal economic model-installed in Chile during the Pinochet dictatorship and deepened during three decades of left-of-center governments-came to an end in 2021, when Gabriel Boric, a young former student activist, was elected president, vowing that "e;If Chile was the cradle of neoliberalism, it will also be its grave."e; More than a story about one Latin American country, The Chile Project is a behind-the-scenes history of the spread and consequences of the free-market thinking that dominated economic policymaking around the world in the second half of the twentieth century-but is now on the retreat.In 1955, the U.S. State Department launched the "e;Chile Project"e; to train Chilean economists at the University of Chicago, home of the libertarian Milton Friedman. After General Augusto Pinochet overthrew socialist president Salvador Allende in 1973, Chile's "e;Chicago Boys"e; implemented the purest neoliberal model in the world for the next seventeen years, undertaking a sweeping package of privatization and deregulation, creating a modern capitalist economy, and sparking talk of a "e;Chilean miracle."e; But under the veneer of success, a profound dissatisfaction with the vast inequalities caused by neoliberalism was growing. In 2019, protests erupted throughout the country, and in 2022 Boric began his presidency with a clear mandate: to end neoliberalismo.In telling the fascinating story of the Chicago Boys and Chile's free-market revolution, The Chile Project provides an important new perspective on the history of neoliberalism and its global decline today.

Produkt-Details

• Erscheint lt. Verlag: 23.5.2023
• Zusatzinfo: 19 b/w illus. 13 tables.
• Sprache: englisch
• Themenwelt: Geisteswissenschaften ► Geschichte ► Regional- / Ländergeschichte
• Themenwelt: Geschichte ► Teilgebiete der Geschichte ► Wirtschaftsgeschichte
• Themenwelt: Sozialwissenschaften ► Politik / Verwaltung ► Staat / Verwaltung
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
• Schlagworte: Absentee Owner • activism • Addendum • Adviser • Aftermath of World War II • Arnold Harberger • Auction • Augusto Pinochet • Bankruptcy • Bourgeois Dignity • Business School • Capitalism • carlos altamirano • Carlos Salinas de Gortari • Central Bank • Chicago Boys • Chicago school of economics • Committee on Social Thought • credibility • curator • Currency • debt • democratic revolution • Dictatorship • Dissident • Dollar Price • Economic Efficiency • economic forces • Economics • economist • Economy of Chile • Employment • Exchange Rate • Fixed exchange-rate system • Foray • Francis Spellman • Fraud • free society • Friedrich Hayek • Gabriel Boric • Gary S. Becker • George Stigler • Henry Kissinger • Human Capital • Import • income • income distribution • industrialisation • Industrial Policy • Inflation • Infrastructure • John F. Kennedy • Jorge Alessandri • Konrad Adenauer • Latin America • Liberalization • Louis Rougier • Ludwig Erhard • Mao Zedong • Market Economy • market fundamentalism • Michael Polanyi • Military Dictatorship • Milton Friedman • Miracle of Chile • Neoliberalism • new narrative • Nobel prize • obstacle • Orlando Letelier • Partial equilibrium • Patricio Aylwin • Pension • Policy • private sector • private university • Productivity • protectionism • Publication • Public Finance • Public sphere • Retirement savings account • Ricardo Lagos • Salvador Allende • Secondary sector of the economy • Sophistication • Talca • tariff • The Best and the Brightest • The Birth of Biopolitics • Theodore Schultz • Theodore W. Schultz • Trade barrier • Trading Company • Walter Lippmann • Water right • Wealth • welfare • Welfare state in the United Kingdom • world economic outlook
• ISBN-10: 0-691-24936-9 / 0691249369
• ISBN-13: 978-0-691-24936-0 / 9780691249360