A ‘popular option’ for development? Reconsidering the rise and fall of Chile’s political economy of socialism

<p class="first" id="d134102e91">As Salvador Allende and his supporters forged a democratic path towards socialism, the task of building a more sovereign and egalitarian national economy became one of the Popular Unity (UP) revolution’s first priorit...

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Main Author: Joshua Frens-String
Format: Article
Language:English
Published: UCL Press 2021-05-01
Series:Radical Americas
Online Access:https://uclpress.scienceopen.com/hosted-document?doi=10.14324/111.444.ra.2021.v6.1.009
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author Joshua Frens-String
author_facet Joshua Frens-String
author_sort Joshua Frens-String
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description <p class="first" id="d134102e91">As Salvador Allende and his supporters forged a democratic path towards socialism, the task of building a more sovereign and egalitarian national economy became one of the Popular Unity (UP) revolution’s first priorities. To that end, Allende’s coalition promoted a massive downward redistribution of income during its first months in office while also extending state control over many of the country’s most essential industries. Chile’s food economy, including its agricultural sector, received special attention during this early period as both purchasing power and domestic production soared. However, when a combination of economic, ecological and political factors caused consumer production to stagnate, acute shortages for a wide range of goods raised questions about the viability of the UP’s plans for a more just consumer economy. The emergence of a powerful opposition movement also raised questions about the government’s reluctance to pursue substantive political changes at the same time that it implemented major economic reforms. By examining the political economy of the UP experiment in the context of Chile’s 2019–20 uprising against inequality and political exclusion, this article reconsiders the consequences of the UP’s inability to link economic transformations with changes in how political power was exercised in mid-century Chile. </p>
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spelling doaj.art-603b9b7ffee5480899e69d206b23e4182023-02-23T11:46:00ZengUCL PressRadical Americas2399-46062021-05-0161510.14324/111.444.ra.2021.v6.1.009A ‘popular option’ for development? Reconsidering the rise and fall of Chile’s political economy of socialismJoshua Frens-String<p class="first" id="d134102e91">As Salvador Allende and his supporters forged a democratic path towards socialism, the task of building a more sovereign and egalitarian national economy became one of the Popular Unity (UP) revolution’s first priorities. To that end, Allende’s coalition promoted a massive downward redistribution of income during its first months in office while also extending state control over many of the country’s most essential industries. Chile’s food economy, including its agricultural sector, received special attention during this early period as both purchasing power and domestic production soared. However, when a combination of economic, ecological and political factors caused consumer production to stagnate, acute shortages for a wide range of goods raised questions about the viability of the UP’s plans for a more just consumer economy. The emergence of a powerful opposition movement also raised questions about the government’s reluctance to pursue substantive political changes at the same time that it implemented major economic reforms. By examining the political economy of the UP experiment in the context of Chile’s 2019–20 uprising against inequality and political exclusion, this article reconsiders the consequences of the UP’s inability to link economic transformations with changes in how political power was exercised in mid-century Chile. </p>https://uclpress.scienceopen.com/hosted-document?doi=10.14324/111.444.ra.2021.v6.1.009
spellingShingle Joshua Frens-String
A ‘popular option’ for development? Reconsidering the rise and fall of Chile’s political economy of socialism
Radical Americas
title A ‘popular option’ for development? Reconsidering the rise and fall of Chile’s political economy of socialism
title_full A ‘popular option’ for development? Reconsidering the rise and fall of Chile’s political economy of socialism
title_fullStr A ‘popular option’ for development? Reconsidering the rise and fall of Chile’s political economy of socialism
title_full_unstemmed A ‘popular option’ for development? Reconsidering the rise and fall of Chile’s political economy of socialism
title_short A ‘popular option’ for development? Reconsidering the rise and fall of Chile’s political economy of socialism
title_sort popular option for development reconsidering the rise and fall of chile s political economy of socialism
url https://uclpress.scienceopen.com/hosted-document?doi=10.14324/111.444.ra.2021.v6.1.009
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