Neo-liberal policies, Salvadoran style
01/08/2012
- Opinión
The background
In this new epoch post-2008, of prolonged-to-permanent financial crisis, it is natural to evaluate the concepts of the free market, the minimal state, unlimited competition, private capital – of neo-liberalism. It is worth recalling that the enchantment of neo-liberalism emerged in the eighties, with the administrations of Ronald Reagan in the United States of North America (USNA), of Margaret Thatcher in Great Britain, and Agosto Pinochet in Chile, all guided by the “Chicago School” of economist Milton Friedman, who proposed amongst other measures, a restrictive monetary policy [tight money] to strangle inflation, and thus restore the profitability of private capital.
SALSOL Observer
english edition - august.2012
https://www.alainet.org/en/active/56935?language=es
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