When triumphant neoliberalism begins to crack
3 November 2011
On September 22, 2011, wearing a dark suit, a purple tie and a light blue shirt, president Sebastián Piñera went up to the rostrum of the General Assembly of the United Nations. The head of the Chilean government - and nevertheless a successful multi-millionaire businessman – had a wide smile on his face. In these times of a world-wide crisis of capitalism, he could claim to have a flourishing economy, judged by a growth rate of more than 6 per cent of GDP (at the beginning of 2011). In the (...)