Marker
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Marker

How Inequality Tore Chile’s Free Market Success Story Apart

Chile was the poster child for economic growth and poverty eradication — until the yawning inequality created by its market-friendly policies sparked an intense backlash

Riot police fire tear gas at demonstrators during a protest against the Chilean government in Santiago, on January 10, 2020. Photo: Claudio Reyes/Getty Images

IfIf you want a glimpse of the future, head to Santiago. Until recently, the Chilean…

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Richard Davies

Richard Davies

Economist and writer. Author of Extreme Economies (2020) and The Economist’s Guide to Economics (2015)