Jul 18

Socialism lowered life expectancy in Venezuela while capitalism raised life expectancy in Chile

Many government lovers condemn and criticize the rightist regime that took over Chile in the 1970s.

Naomi Klein’s book “The Shock Doctrine” begins with a (mostly false) story that Chile’s Pinochet adopted free-market policies and followed the guidance of free-market economist Milton Friedman.

But while Chile under Pinochet was hardly the free-market model its enemies depicted, the country did make some good movements toward lower taxes and some pro-business reforms.

At the time of Pinochet’s “rule,” Chileans were poorer and had lower life expectancy than nearby Venezuelans who were the wealthiest people in Latin America.

But now after 15 years of Venezuealan socialism and relative capitalism in Chile, Chile has HIGHER LIFE EXPECTANCY, better average health, higher per capita wealth and income, cleaner air, cleaner water, and fewer problems with disease than Venezuela. See here.