000 02175naa a2200181uu 4500
001 0041910143437
003 OSt
005 20190211171049.0
008 100419s2005 xx ||||gr |0|| 0 eng d
100 1 _aBORZUTZKY, Silvia
_939550
245 1 0 _aFrom Chicago to Santiago :
_bneoliberalism and social security privatization in Chile
260 _aMalden :
_bWiley-Blackwell,
_cOctober 2005
520 3 _aThis article examines the ideology and principles that inspired the privatization of social security in Chile during the Pinochet regime. The article highlights the role of the state in the establishment of a fully funded, defined contribution system, as well as the importance of the transmission of ideas from the halls of the University of Chicago to Chile's centers of power. In the case of Chile, the ideas of freedom espoused by Milton Friedman and Frederick von Hayek were applied by a repressive authoritarian regime that violated human and political rights. Furthermore, these ideas served to legitimize a political and economic system based on the deprivation of freedom. Although social security reform was a critical component of a revolution going on in Chile in the 1970s, the ultimate purpose of this article is to show that the effects of this reform are by no means limited to Chile. The Chilean reform has been adopted by countries in Latin America and other parts of the world, and it has critically affected those societies as well. The article shows that the establishment of the fully funded, defined contribution system has been very costly, both for the state and the insured, while coverage has dramatically declined. The article concludes that the market economic reforms have enhanced only the freedom of those who could take advantage of the new economy, and that few of the promises made during the Pinochet regime by the neoliberal economists came true.
773 0 8 _tGovernance: An International Journal of Policy, Administration, and Institutions
_g18, 4, p. 655-674
_dMalden : Wiley-Blackwell, October 2005
_xISSN 09521895
_w
942 _cS
998 _a20100419
_b1014^b
_cDaiane
998 _a20100419
_b1441^b
_cCarolina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c32455
_d32455
041 _aeng