Brad DeLong wrote:
> But to say that the current state of Chile's economy demonstrates how
> awful the economic consequences of "neoliberal" policies are seems to
> me to reveal an extraorinarily large disconnect from reality...
.
Well yes, Chile's p/c GDP has grown a lot faster than the other neoliberal
Latin American countries'. But compared with non-neo-liberal S. Korea, has
Chile really "developed"? It seems like all the income growth has come from
extracting more fish, trees, berries and copper -- rather than scaling the
technological hierarchy. Off the top of my head, I can name Samsung, Daewoo,
Hyundai, and Kia. How many world-class Chilean companies can you name?
Seth