Articles by Daniel Matamala:

Chile Reaches Its Greenspan Moment

“I am in a state of shocked disbelief,” former Federal Reserve chair Alan Greenspan said during the 2008 crisis, before confessing: “I found a flaw in the model that I perceived is the critical functioning structure that defines how the world works.” Today in Chile, the same business coalitions that have always demonized state intervention are asking for help: Will they admit their approach was as flawed as Greenspan’s? 

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Populism Weakened the Immune System of Our Democracies. Chile Is an Example

Modern societies have developed immune systems to deal with epidemics: international cooperation, social cohesion, universal health care systems. But today we face the greatest planetary emergency since World War II with these immune systems severely weakened: populist nationalisms disrupt international cooperation and promote every-man-for-himself, and the anti-science wave infects the debate with irrationality.

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Why an Antimonopoly Movement Is the Kind of Populism That Chile Needs

President Piñera’s approval rating has reached a record low, not just for the Chilean democracy, but for all of South America. The rise of new populist forces seems inevitable, but a Bolsonaro-style leader or a Venezuela-type catastrophe are not the only possible outcomes. It is time to use competition to reduce the power of the elite that rules Chile not as a country, but as a “country club.”

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