You people disgust me.
Let me just break it down on what Chile under Pinochet really was like.
The Chilean economy was a state-controlled economy even under Pinochet. The junta controlled nationalised businesses like CODELCO, and used CIPEC, a copper cartel, to raise prices and benefit junta controlled copper company. To protect their nationalised interests from foreign competition, the junta launched CORFO, a state agency that maintained an ISI policy (import substitution industrialization), where they created every protectionist barrier to prevent foreign competition from destroying their source of income. CORFO formed 13 public sector companies which would export goods, have a monopoly, and bring the money to junta hands. After CORFO, the junta used Fundación Chile and ProChile to ensure that all the foreign investment that came in was diverted only to their monopoly export businesses, which mostly controlled all natural resource commodities, like forestry sector.
Chile was like this before the junta, during the junta, and after the junta. The system remained the same, “reforms” aside. Calling Chile a free market country is the biggest lie of tabloid media I have ever heard, and it is debunked by actually looking into how the Chilean economy worked. Let alone any discussion on whether the Chilean junta’s state controlled economy was good or bad, people can’t even establish facts first.
Chile went from 500 nationalised industries to 25 nationalised industries. 25 nationalised industries is ALOT, no? One must not ask whether Pinochet was a reckless privatizer so much as whether the older Chile was a reckless nationaliser. Reducing the level of nationalised control from 500 industries to 25 industries is like United States halving the size of its navy - it will still have the largest fleet in the world. United States does not have 25 nationalised industries because it never nationalised 25 industries in the first place. In Chile, we have a despot who wanted less feudal power in his hands than the feudal power his predecessor did - not because he believed in ideology, but because he needed to give his serfs some space to make more money for him. This was never an issue of “free market vs. government control”.
I am deeply annoyed that Illana Mercer, whom I consider a joker of a woman in the first place, thinks it is a good thing to drown communists in water filled with feces, drop communist families from helicopters into the ocean, or tear young communist teenagers apart from their families and put them in a place where they sing national anthems all day long. Let me remind Mises.Org forum posters that many people here, such as Andrew Cain, are ex-communists and would have befallen the same fate if they were in Chile.
Tell me this. You people consider it to be a good thing that a man murders communists, simply because he held fewer nationalised industries under his hands?