Deriding Chile for its economic inequality is fashionable among detractors of its economic model.
Chile’s economic success during the forty years has not been enough for its loudest critics. Looking for whatever hole they can find, they frequently cite Chile’s inequality as a sign of concern. Grievances regarding inequality have been at the center of Chile’s past decade of political protests — from student protests in 2011 to last year’s nationwide protests. No matter how much progress Chile has made, critics insist that lingering inequality is proof enough that the Chicago school reforms have been a failure and that a statist path to development must be pursued instead.
All things considered, is inequality the ultimate chink in Chile’s armor?