• 3 months ago
The economists behind the implementation of the most extreme capitalist system in the world observe with surprise the di | dG1fQjZUT1huVGNFcTA
Transcript
00:00I'm going to tell you a story about a country with the highest level of income in Latin America today.
00:09Which one?
00:10Chile.
00:13This country is another country.
00:16It's another country.
00:24We were islanders then.
00:26And we were poor.
00:31Chile was not a jewel in 1955.
00:36But it's a jewel today.
01:00The Chicago Boys' biggest challenge were the parties.
01:04These parties were getting more and more famous.
01:06Because they were very happy.
01:07These Chileans love to sing.
01:17Chicago was a different school.
01:21It was what we call neoliberal today.
01:23At that time we called it monetarist.
01:26It's a privilege to have had classes with Milton Friedman.
01:31This is totally different from what he sold all his life.
01:37That's when I started selling him the ointment.
01:47There are no corrective measures that are painless.
01:52And if there's no one to tell you, be careful with the costs.
01:57Freedom to do things right and wrong.
02:13I have no idea what motivation is.
02:15I don't give a damn about motivation.
02:17What matters is that Chile won with that, and I won a lot with that.

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