Saturday 26 October 2019

Now it is Chile's turn. Political Parties without leaders and political classes disconnected from the Chilean people


Now it is Chile's turn. Political Parties without leaders and political classes disconnected from the Chilean people

When the political classes are isolated from those they are supposed to represent, people die and this is exactly what is happening in Chile where the building of the Chilean Congress had to be evacuated as protests spread and the government struggles to contain a situation generated by economic hardship.

When the European Common Market was created generating protectionism and subsides, Latin America suffered as a mainly agricultural region and exporter of agricultural products. It can be said without a shadow of a doubt that the progression towards the creation of the European Community and later the European Union only made a bad situation worse. 

The dictatorships of the 1970s and 1980s were the direct consequence of European tariffs and subsidies. Latin America debt grew exponentially and this led to even greater indebtedness not just with private institutions but also with the International Monetary Fund and the World Bank that imposed recessionary recipes that meant cuts of investments in infra-structure, health, education and many other fundamental areas.

Latin American economies never recovered. Drug production, drug trafficking and and political instability were the direct results of the degradation of national economies. Against all odds, economies like the Chilean economy managed to succeed and figure amongst the most prosperous economies of Latin America. But it didn't last.

Most Chileans earn between £437 and £592 a month, struggling to pay for basic needs and things have become intolerable leading to present demonstrations that have led to curfews and state of emergency in 12 of 16 major cities in Chile, with more than 19 deaths, more than 500 people injured and more than 2000 people arrested.

Getting Britain out of EU, would allow Britain to become involved in many markets around the world, many of which are part of the developing world, helping many democratic countries across the world and Chile is one of them.  



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