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→Military Government (1973-1990)
[[Milton Friedman]] said,
[[Milton Friedman]] said,
* "... the really extraordinary thing about the Chilean case was that a military government followed the opposite of military policies. The military is distinguished from the ordinary economy by the fact that it's a top-down organization. The general tells the colonel, the colonel tells the captain, and so on down, whereas a market is a bottom-up organization. The customer goes into the store and tells the retailer what he wants; the retailer sends it back up the line to the manufacturer and so on. So the basic organizational principles in the military are almost the opposite of the basic organizational principles of a free market and a free society. And the really remarkable thing about Chile is that the military adopted the free-market arrangements instead of the military arrangements."<ref>[https://www.pbs.org/wgbh/commandingheights/shared/minitext/int_miltonfriedman.html#10 Commanding Heights: Milton Friedman on PBS]</ref>
* "... the really extraordinary thing about the Chilean case was that a military government followed the opposite of military policies. The military is distinguished from the ordinary economy by the fact that it's a top-down organization. The general tells the colonel, the colonel tells the captain, and so on down, whereas a market is a bottom-up organization. The customer goes into the store and tells the retailer what he wants; the retailer sends it back up the line to the manufacturer and so on. So the basic organizational principles in the military are almost the opposite of the basic organizational principles of a free market and a free society. And the really remarkable thing about Chile is that the military adopted the free-market arrangements instead of the military arrangements."<ref>[https://www.pbs.org/wgbh/commandingheights/shared/minitext/int_miltonfriedman.html#10 Commanding Heights: Milton Friedman on PBS]</ref>
The ''[[Carretera Austral]]'' (Southern Highway) was built between 1976 and 1989 and connects several rural towns in the far south of Chile that previously didn't had direct transportation, it is 1240 km long, starting in [[Puerto Montt]] and ending in Villa O'Higgins. Today the highway is a touristic destination of Chile because of the beauty of the landscape. This huge and important geopolitical megaproject was built by military personnel, many died because of the rough climate.
During its 17 years in power, Chile moved away from economic statism toward a largely free market economy that fostered an increase in domestic and foreign private investment. The complete political liberalization of the country came in 1988, when the Constitution established that Chilean citizens would ratify or not the continuity of the military government through a plebiscite, which finally took place on October 5. On that day, the triumph of the "No" option, which obtained 55.99% of the votes, against 44.01% for the "Yes" option. General Pinochet was denied a second 8-year term as president. Chileans voted for elections to choose a new president in 1989 and the majority of members of a two-chamber congress. The Constitution was amended to ease provisions for future amendments to the Constitution on the same year.
During its 17 years in power, Chile moved away from economic statism toward a largely free market economy that fostered an increase in domestic and foreign private investment. The complete political liberalization of the country came in 1988, when the Constitution established that Chilean citizens would ratify or not the continuity of the military government through a plebiscite, which finally took place on October 5. On that day, the triumph of the "No" option, which obtained 55.99% of the votes, against 44.01% for the "Yes" option. General Pinochet was denied a second 8-year term as president. Chileans voted for elections to choose a new president in 1989 and the majority of members of a two-chamber congress. The Constitution was amended to ease provisions for future amendments to the Constitution on the same year.