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I think at this point we can agree that a subway price hike leading to tanks in the street a mere week later is not the true issue. Something about privatized p

I think at this point we can agree that a subway price hike leading to tanks in the street a mere week later is not the true issue. Something about privatized pension companies taking way more than what would be their fair share is the likely culprit. https://protectpensions.org/2016/08/23/chile-failure-privatized-pension-system/ https://protectpensions.org/2016/08/23/chile-failure-privati...

chrisco255 7y ago
It's supposed to be about cost of living, increase in energy prices, etc. Not sure if the pension system is related. But pension systems have always been dubious in my mind. 401Ks + social security have seemed to be the best of both worlds.
primroot 7y ago
No+AFP (No more AFP) is a common graffiti in Chile, and also a common protest banner during the past week. Measures regarding an increase in pensions were also among the promises of the president on Monday 10/21.
rayiner 7y ago
You’re linking to a left-wing organization. But you’re ignoring the fact that, just two years ago, a decisive majority of Chilean voters (55-45) voted in the center-right, pro-market party and Presidential candidate: https://www.theguardian.com/world/2017/dec/17/chileans-cast-their-ballot-in-decisive-presidential-runoff https://www.theguardian.com/world/2017/dec/17/chileans-cast-... > Months of campaigning exposed deepening rifts among the country’s once bedrock centre left, an opening former president Piñera leveraged to rally more centrist voters around his proposals to cut corporate taxes, double economic growth and eliminate poverty in the world’s top copper producer. The current President ran on corporate tax cuts and won. The majority obviously did not do so under the belief that Piñera was going to nationalize the pension system. The protestors evidently are mad about that.
- mtgx 7y ago
  I wonder if most people vote on policy or because they don't like the previous party in power anymore and think it's corrupt and/or they like the personality of the new party candidate.
- danharaj 7y ago
  Voter participation was 50%. Decisive indeed.
  - rayiner 7y ago
    That’s not atypical for elections in Switzerland, Japan, or the US. That doesn’t invalidate the outcome of elections.
    - deleted 7y ago
      [deleted]
- rasz 7y ago
  > just two years ago, a decisive majority of Chilean voters (55-45) voted in the center-right, pro-market party and Presidential candidate Sounds similar to Frances Emmanuel Macron. Yellow vests are still at it, almost full year of riots in the heart of Europe and nothing changed.
millettjon 7y ago
The culprit is unequal distribution of wealth. The working class is affected by low minimum wage, limited access to healthcare, cost of education, and broken social security (AFP).

chrisco255 7y ago

It's supposed to be about cost of living, increase in energy prices, etc. Not sure if the pension system is related. But pension systems have always been dubious in my mind. 401Ks + social security have seemed to be the best of both worlds.

primroot 7y ago

No+AFP (No more AFP) is a common graffiti in Chile, and also a common protest banner during the past week. Measures regarding an increase in pensions were also among the promises of the president on Monday 10/21.

rayiner 7y ago

You’re linking to a left-wing organization. But you’re ignoring the fact that, just two years ago, a decisive majority of Chilean voters (55-45) voted in the center-right, pro-market party and Presidential candidate: https://www.theguardian.com/world/2017/dec/17/chileans-cast-their-ballot-in-decisive-presidential-runoff https://www.theguardian.com/world/2017/dec/17/chileans-cast-... > Months of campaigning exposed deepening rifts among the country’s once bedrock centre left, an opening former president Piñera leveraged to rally more centrist voters around his proposals to cut corporate taxes, double economic growth and eliminate poverty in the world’s top copper producer. The current President ran on corporate tax cuts and won. The majority obviously did not do so under the belief that Piñera was going to nationalize the pension system. The protestors evidently are mad about that.

mtgx 7y ago
I wonder if most people vote on policy or because they don't like the previous party in power anymore and think it's corrupt and/or they like the personality of the new party candidate.
danharaj 7y ago
Voter participation was 50%. Decisive indeed.
- rayiner 7y ago
  That’s not atypical for elections in Switzerland, Japan, or the US. That doesn’t invalidate the outcome of elections.
  - deleted 7y ago
    [deleted]
rasz 7y ago
> just two years ago, a decisive majority of Chilean voters (55-45) voted in the center-right, pro-market party and Presidential candidate Sounds similar to Frances Emmanuel Macron. Yellow vests are still at it, almost full year of riots in the heart of Europe and nothing changed.

millettjon 7y ago

The culprit is unequal distribution of wealth. The working class is affected by low minimum wage, limited access to healthcare, cost of education, and broken social security (AFP).