The Chile Project
The Story of the Chicago Boys and the Downfall of Neoliberalism
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Narrated by:
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Andrew Joseph Perez
About this listen
In The Chile Project, Sebastian Edwards tells the story of how the neoliberal economic model came to an end in 2021, when Gabriel Boric was elected president, vowing that "If Chile was the cradle of neoliberalism, it will also be its grave." More than a story about one Latin American country, The Chile Project is a behind-the-scenes history of the spread and consequences of the free-market thinking that dominated economic policymaking around the world in the second half of the twentieth century—but is now on the retreat.
In 1955, the United States State Department launched the "Chile Project" to train Chilean economists at the University of Chicago. After General Augusto Pinochet overthrew socialist president Salvador Allende in 1973, Chile's "Chicago Boys" implemented the purest neoliberal model for the next seventeen years, undertaking a package of privatization and deregulation, creating a modern capitalist economy, and sparking talk of a "Chilean miracle." But under the veneer of success, a profound dissatisfaction with the inequalities caused by neoliberalism was growing. In 2019, protests erupted throughout the country, and in 2022 Boric began his presidency with a clear mandate: to end neoliberalismo.
The Chile Project provides an important new perspective on the history of neoliberalism and its global decline today.
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This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national best-seller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank.
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Plea
- By Asma on 10-13-20
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Building the New American Economy
- Smart, Fair, and Sustainable
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With a nation seemingly more divided than ever, many worry that Americans risk losing ground on solving the complex, interrelated problems the country faces - including rising inequality, the specter of climate change, astronomical health care costs, and economic stagnation. The renowned economist Jeffrey D. Sachs offers a practical approach to move America toward a new consensus: sustainable development.
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If only....
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By: Jeffrey D. Sachs, and others
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Red Flags
- Why Xi's China Is in Jeopardy
- By: George Magnus
- Narrated by: Derek Perkins
- Length: 9 hrs and 59 mins
- Unabridged
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Over the past four decades, China's remarkable transformation has garnered admiration but also sparked concern. George Magnus draws on his intimate knowledge of this dynamic nation to uncover the origins of its ascent and show why the economic traps it faces at home and the political challenges it faces abroad pose a serious threat to its continued rise.
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A pessimistic vision with western liberal bias
- By Jeronimo L. Jimenez on 10-23-20
By: George Magnus
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An Extraordinary Time
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- Narrated by: James Foster
- Length: 10 hrs and 55 mins
- Unabridged
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A sweeping reappraisal of the last sixty years of world history, An Extraordinary Time describes how the postwar economic boom dissipated, undermining faith in government, destabilizing the global financial system, and forcing us to come to terms with how tumultuous our economy really is.
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Good review of crucial turning point in history
- By Philo on 11-22-16
By: Marc Levinson
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50 Economics Classics
- Your Shortcut to the Most Important Ideas on Capitalism, Finance, and the Global Economy
- By: Tom Butler-Bowdon
- Narrated by: John Chancer
- Length: 15 hrs and 22 mins
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Economics drives the modern world and shapes our lives, but few of us feel we have time to engage with the breadth of ideas in the subject. 50 Economics Classics is the smart person's guide to two centuries of discussion of finance, capitalism, and the global economy. From Adam Smith's Wealth of Nations to Thomas Piketty's best-seller Capital in the Twenty-First Century, here are the great books and seminal ideas, clarified and illuminated for all.
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Forgotten Continent
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- By: Michael Reid
- Narrated by: Gary Dikeos
- Length: 18 hrs and 31 mins
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Latin America has often been condemned to failure. Neither poor enough to evoke Africa’s moral crusade nor as explosively booming as India and China, it has largely been overlooked by the West. Yet this vast continent, home to half a billion people, the world’s largest reserves of arable land, and 8.5 percent of global oil, is busily transforming its political and economic landscape.
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Good Reporting / Disorganized Content
- By Steven Schuster on 02-11-12
By: Michael Reid
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A Generation of Sociopaths
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What happens when a society is run by people who are antisocial? Welcome to baby boomer America. In A Generation of Sociopaths, Bruce Cannon Gibney shows how America was hijacked by the boomers, a generation whose reckless self-indulgence degraded the foundations of American prosperity.
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Honest introspection required
- By Niki on 03-31-17
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A Crisis Wasted
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This book is the compelling story of President Obama’s domestic policy decisions made between September 2008 and his inauguration on January 20, 2009. Unlike all other presidents except Abraham Lincoln - who decided not to allow slavery to expand westward before he was sworn in - Barack Obama determined the fate of his presidency before he took office. The results of these fateful decisions led to Donald Trump taking his place eight years later. This book describes how and why these decisions were made, and discusses whether the outcomes could have been different.
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Somewhat complicated, not audiobook material
- By Mariana Nolasco on 09-20-20
By: Reed Hundt
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Dead Aid
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A national best-seller, Dead Aid unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, poverty levels continue to escalate and growth rates have steadily declined - and millions continue to suffer. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Dambisa Moyo offers a bold new road map for financing the development of the world's poorest countries.
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Dangerous / Right Wing US view
- By David O'Donovan on 03-05-19
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JFK and the Reagan Revolution
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Who invented supply-side economics - the idea that cutting tax rates can result in more growth, more prosperity at all income levels, and even more tax revenue flowing into the IRS? Most people would credit the economic team that advised Ronald Reagan in the late 1970s and early 1980s. But in fact supply-side economics came of age two decades earlier. And the first president who embraced it was one of the biggest icons of the Democratic Party - John F. Kennedy.
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Turn the speed up to 1 1/2 to 2 times
- By B. MIDDLETON on 09-15-16
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Liberty Lost: American Big Government and the Erosion of the U.S. Constitution
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Nineteenth-century America was the closest thing to pure free-market capitalism that has ever existed. There was no welfare state, no central bank, no deficit spending to speak of, no fiat money, and no income tax for most of the century, and no antitrust laws or federal regulatory agencies until the end of the century. During the 20th century, by contrast, American liberty declined as the size, scope, and power of government exploded. Federal spending, taxes, deficits, and debt have spiraled out of control.
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US political/economic evolution explained
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The Socialist Temptation
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Performance
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Just 30 years ago, socialism seemed utterly discredited. An economic, moral, and political failure, socialism had rightly been thrown on the ash heap of history after the fall of the Berlin Wall. Unfortunately, bad ideas never truly go away — and socialism has come back with a vengeance. A generation of young people who don’t remember the misery that socialism inflicted on Russia and Eastern Europe is embracing it all over again.
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Full Of Important Insights
- By Ralph Alderson on 12-17-20
By: Iain Murray
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What listeners say about The Chile Project
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Kico M
- 09-13-23
Great book
After reading this book I realized that I knew very little about the recent history of Chile. This is a very good book that despite it’s obvious economic approach, doesn’t close itself to number and economic theories. The book covers social and political aspects and it is written in a very unbiased way. Until the end of the book, and somehow even after, it is hard for me to define the authors opinion on the matters.
My only point to not give 5 stars is because the book speed the pace in the end and doesn’t provide the full context and all negative aspects of the Boric government and the 2022 constitution and all the bad examples that we have on the region with similar situations, such as Argentina and Brazil.
Anyhow. I recommend this book for all those interested in the region and in this great “project” that brought Chile to a premium tier in Latin America.
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- Consumer Expert!
- 07-26-23
Worth it!!
Just another reminder for the world on why dictatorships are the worst thing a country can possibly experience! Democracy is an economists BFF! Even the great Friedman couldn’t fix a bad idea. We should have more books like this one, great job on explaining neoliberalism!!
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- John Murphy
- 06-05-23
Combining history, ethnography, politic
Serious historical narrative
I finally understand the principles of neoliberalism.
The way this book flows from a chapter to chapter is very intuitive and allows for a scaffolding of learning and understanding the current situation in Chile and how the country got to this point.
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- Dr. Warren Coats
- 10-02-23
A comprehensive and balanced history of Chile’s market liberalization
Much misinformation surrounds the activities of the Chilian economists trained at the University of Chicago—the Chicago Boys--who transformed Chiles economy from the repressive import substitution, state dominated model prevalent in South America at the time to a neoliberal free market model of Milton Friedman and the Chicago school, during and following the dictatorship of General Augusto Pinochet following his 1973 overthrow of democratically elected President Salvador Allende. It is unlikely that Sabastian Edwards’ extraordinarily detailed and balanced history will ever be topped. This is an amazingly comprehensive and penetrating account.
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