Pinochet’s junta reversed Allende’s nationalizations within its first weeks

Evidence

Though falling short of fundamental institutional reforms, the initiatives launched immediately after the coup already advanced the neoliberal agenda by reversing major economic reforms of previous governments. The junta returned nationalized enterprises to their former owners (approximately 260 domestic firms) and compensated U.S. multinationals affected by expropriation measures. Price controls were eliminated and interest rates were freed. Beyond these privatization and deregulation efforts, the regime sought to stabilize macroeconomic variables in a more traditional fashion. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1570

Categorization

• ADDENDUM: The reversal of roughly 260 nationalized firms and restitution to US multinationals parallels the ‘Grafting & Growth’ article’s theme of state power over economic resources — though the connection here is economic redistribution rather than trees.
• SHARE: For someone into Chilean economic history — the exact 260-firm count and the compensation of US multinationals is a specific pivot point often cited in monotarily accounts.
• XREF: connects to: The Allende government displaced market allocation to remedy material inequalities — Jessica Whyte, The Morals of the Market: Human Rights…, 317