Students are paying off their debts for the next 10 to 15 years while people who require medical treatment will too be paying it off for years to come. The headquarters of the energy company, the one that had just hiked up the prices 20% (despite already making millions in profits), was also set ablaze. A subway fare hike that -- converted to U.S. money -- amounts to less than 5 cents. The biggest fires are always started by the tiniest spark. Who knows. That was too close for comfort so I left the next day. If the investment goes bad, bye bye pension money. But the warm and fuzzy relationship between Washington and the brutal, authoritarian government of Pinochet, who remained in power into the 1990s, allowed for a lesser-known chapter that’s highly relevant for today’s moment of rising unrest. What these advisers told Pinochet will sound familiar to Americans who’ve watched the parallel rise of the Koch brothers (who also worked closely with Buchanan) after their influence over the GOP here at home: privatization of government programs, from old-age pensions to municipal water, school vouchers, and encouraging private health insurance for those with higher incomes that undermined the medical safety net for the poor. Aside from a u-turn on the Metro price increase he refuses to address any of the deeper underlying social issues which led to this tragedy. Anthony Esposito, Carlos Serrano. The media seem to have misplaced this footage, but luckily with the magic of social media their atrocities are public for all to see. | Will Bunch, Corporate America freaks out over Elizabeth Warren, Unbelievable: Failed smears only make Elizabeth Warren stronger as new Dem front-runner | Will Bunch, California residents do not sell my data request. Some on social media claim that “Latin America is finally waking up” to the corruption and social inequality, yet speaking with locals on the ground you get a different, more pessimistic response. Beaten, kicked and dragged through the streets by fully armed military personnel. In recent weeks, Wall Street and other big-money political funders have run to their favorite journalists -- who’ve responded with headlines like Politico’s “Corporate America freaks out over Elizabeth Warren” -- and floated delusional, desperation theories that some benevolent billionaire like former New York Mayor Michael Bloomberg or some other plutocrat could still enter the 2020 race at 11:58 and somehow save their pampered skins. The fires raged long into the night, starting a conflict that rages on to this day. » READ MORE: From Baghdad to Kyiv to Haiti, people everywhere are rising up. November 6, 2019 Two ways to read the story. Hong Kong. © 2020 The Philadelphia Inquirer, LLC Terms of Use/Privacy Policy/California Notice California residents do not sell my data request. This is in reference to Pinochet. After taking the advice of America’s conservative economics professors for decades, Chile now has -- according to one survey -- the world’s highest level of income inequality. That’s in addition to social unease over fewer opportunities for Chile’s browner-skinned indigenous and mixed-race people, often packed into outskirts barrios. ), things rarely go to plan. Just a bunch of kids spitting their dummy out and causing chaos. The riots were reported on around the world, yet all seemed to lead with the ‘angry teenagers’ headlines. Column October 31, 2019. That’s because you don’t need to fly a helicopter over the streets of Santiago to see that there’s a lot more of us than there are of them. Yet on Saturday, more than a million people flooded Santiago’s Plaza Italia for the largest protest yet, and no one knows how all of this will end. Here at home, a rising cadre of prominent right-wing economists saw not horror in Pinochet’s dictatorship but an opportunity -- a chance to test their radical free-market ideas without hindrance from pesky left-wing politicians or labor leaders who had almost magically disappeared from the scene in Chile. The fare hike touched off much deeper anxieties about income inequality in a nation often held up as an economic success story because of its rapidly rising gross domestic product (GDP), yet has seen much of that wealth flow to a narrow sliver at the top. Out of the top 30 wealthiest countries in the world, Chile ranks number 1 for inequality. Those who’ve spent time in Chile or written about it say the sense of inequality and resentment is palpable. The pension system that everyone pays into is used as a slush fund for private investors (3 of the 6 pension companies are owned by American companies). — Tamara Qiblawi (@tamaraqiblawi) October 18, 2019 It was the straw that broke the camel's back. What started as students jumping turnstiles and refusing to pay quickly turned nasty. That’s just a flavour. As the helicopter flys over Santiago, Chile, people appear to stretch for more than a mile. Economy, finance, and budgets The turmoil in Chile satisfies old Marxists who, always looking for the next revolution, have set their hopes on Santiago. pic.twitter.com/SQ9NoMQC33. What set off this political conflagration? During that time I got a crash course on the current problems in Chile mixed in with a poignant history lesson. Clearly I wasn’t content with witnessing the collapse of Venezuela, the fall of the Argentinean economy, the biggest forest fire in Amazonian history to name a few. They don’t see this as a mass awakening… just another part of the endless cycle of corruption, outrage and repeat that plagues Latin America. A ukulele is the perfect instrument for travellers. Chile is just the latest Latin American country to erupt in protests and violence. But to massive numbers of Chileans, those 30 extra pesos were literally the last straw, and not just because transit fares in the South American nation had doubled in 12 years to take a toll on lower-income families. Demonstrators display flags and banners during a protest against President Sebastian Piñera on Oct. 21, 2019 in Santiago, Chile, as … The leftist media, in turn, fuel the revolutionary mood by framing the story as a revolt of the poor against neoliberalism—including rule of law and free-market … That evening the people took to the streets and destroyed around 50 Metro stations. , Antofagasta, Chillan, Punta Arenas, Talca, Temuco and Valdivia revolution still America. 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