Chile Subway Fare Hike Protests And 7pm Curfew

My Chilean friend had said he could not get to his university classes Friday because the subways were jammed and not moving because of protests.  Today I sent the picture from the Anchorage Daily News, showing students throwing wood onto a bonfire.   His reaction was,

"But it doesn't show the military occupation, civil population hurt by police forces, tear gas thrown to people with kids."

And he sent me some Instagram videos.

And I found this AFC (Agence France-Presse) news footage (among others) on Youtube.





A while later, I asked if he was having his weekly big family dinner tonight.  No, he said.

"Curfew is at 19:00."

Coverage of events like this - particularly to the rest of the world that knows little about the context in a far off country, especially one that isn't in the news that much - is difficult.  Video likes action - fires, fighting, visually compelling conflict in general.  The students look like vandals in some of the video I saw, but the coverage doesn't talk about the high unemployment, high prices, etc. that the people of Chile have been enduring.

And when the US press says things like, "protesting a 2 cent increase in fares" it sounds a little ridiculous.  But when you convert $1 US to Chilean pesos - you get Chilean 710 pesos. (When we were there in early July this year, it was about 680 pesos.)

So what we see is translated as a 2 cent increase, is really a 14 peso increase.


It's easy to find economic analyses that emphasize economic measures that investors might want.   It's harder to find analyses that look at how the economy affects the people.  Here's the end of a World Bank analysis which I'm including because it was updated just a week ago.

"Encouraging innovation, improving the linkage between education and the labor market and promoting the participation of women in the labor market are also essential for improving long-term prospects. On the social front, enhancing the quality of health and education services and reducing constraints to access to well-targeted social policies will be key for reducing the remaining poverty and strengthening the middle class."
Last Updated: Oct 14, 2019"

Wikipedia's entry on Economy of Chile begins this way:

"Chile is ranked as a high-income economy by the World Bank,[17] and is considered as South America's most stable and prosperous nation,[18] leading Latin American nations in competitiveness, income per capita, globalization, economic freedom, and low perception of corruption.[19] Although Chile has high economic inequality, as measured by the Gini index,[20] it is close to the regional mean.[21]"

So, even though it has the highest GDP in South America, its income inequality is the same as its neighbors.  For Alaskans, I'd note that salmon and tourism (after copper) are among the largest experts.  They also have Alaskan sized earthquakes and mountains.

[UPDATE Oct 22, 2019:  Follow up post here.]