Chile’s neoliberal process, four decades since the coup d’État

Abstract

To understand the Chile’s current situation, it is necessary to analyze the transformation process,which allowed the establishment of the existing political and economic structure. Changes on thecapital industrial reproduction model, which led to a reproduction specialization model, brought inlegitimacy issues on the system. Initially it allowed the emergence of a violent authoritarian regime,which among other things, violated individual rights, deregulated labor and cut down governmentsubsidies on wages. This new authoritarian regime eventually brought in political and economicstability in the country, providing legitimacy on the new structure of social reproduction. This articleis aimed at revisiting the centrality of the political and economic process in the context of thecurrent legitimacy model showing signs of crisis.