Pinochet’s 1978 reforms extended market logic beyond economics into society’s institutions
Evidence
In 1978 Pinochet declared that the process of basic economic reconstruction was complete. At the same time, he introduced a new reform agenda, which aimed at extending a market approach to many spheres of society. The new program became known as the seven modernizations and included a new constitution with institutional reforms in labor, education, health, regional decentralization, agriculture, and justice policies. The “whole social structure of the country [was] opened up as a potential field for experimentation, based upon the pure truth of rational choice and the calculus of marginal utility” (Martínez and Díaz 1996, 92). — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1579
Categorization
- XREF: Connects to the broader story of how Chicago-school economists and gremialists fused in Chile, echoing Milton Friedman’s ‘economics imperialism’ critique. — connects to: Neoliberalism advanced a political, not merely economic, case for the competitive market — Jessica Whyte, The Morals of the Market: Human Rights…, 34; Capitalism shapes selfhood, ecology, and institutions well beyond economics — Wael Hallaq, Restating Orientalism: A Critique of…, 69; Neoliberalism required culturally transforming non-capitalist societies to extend markets — Jessica Whyte, The Morals of the Market: Human Rights…, 88 (+2 more)
Broader Connections
- Neoliberalism required culturally transforming non-capitalist societies to extend markets
#exemplifies(0.90) — Jessica Whyte, The Morals of the Market, 88 - Capitalism shapes selfhood, ecology, and institutions well beyond economics
#expands(0.85) — Wael Hallaq, Restating Orientalism, 69 - Neoliberalism advanced a political, not merely economic, case for the competitive market
#corroborates(0.80) — Jessica Whyte, The Morals of the Market, 34 - Neoliberalism pivoted from the economy to the framework encasing it
#exemplifies(0.80) — Quinn Slobodian, Globalists, 88 - Ordoliberalism departed from classical liberalism by grounding markets in a constitutional framework
#expands(0.75) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1087