The Planning of a Coup against Venezuela: Chile, September 11, 1973: The Ingredients of a Military Coup. The Imposition of a Neoliberal Agenda
Chicago Economics: Neoliberal Dress Rehearsal of the Structural Adjustment Programme (SAP)
The main objective of the US-supported military coup in Chile was to impose the neoliberal economic agenda. “Regime change” was enforced through a covert military intelligence operation. Sweeping macro-economic reforms (including privatization, price liberalization and the freeze of wages) were implemented in early October 1973.
Barely a few weeks after the military takeover, the military Junta headed by General Augusto Pinochet ordered a hike in the price of bread from 11 to 40 escudos, a hefty overnight increase of 264%. This “economic shock treatment” had been designed by a group of economists called the “Chicago Boys.” “While food prices had skyrocketed, wages had been frozen. From one day to the next, an entire country had been precipitated into abysmal poverty.
In 1973, I was teaching economics at the Catholic University of Chile. I lived through two of the most brutal US sponsored military coups in Latin America’s history: Chile, September 11, 1973 and less than three years later, Argentina, March 24, 1976 under Operation Condor, which initiated Argentina’s Dirty War: “La Guerra Sucia”.
And today, the Trump administration is threatening to invade Venezuela with a view to “restoring democracy”, replacing an elected president (casually described by the Western media as a “dictator”) by a US proxy, speaker of Venezuela’s National Assembly.
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Author’s Introduction
More than forty-five years ago on September 11, 1973, the Chilean military led by General Augusto Pinochet, crushed the democratically elected Unidad Popular government of Salvador Allende.
The objective was to replace a progressive, democratically elected government by a brutal military dictatorship.
The military coup was supported by the CIA. Secretary of State Henry Kissinger played a direct role in the military plot.
Is Washington’s ongoing initiative directed against Venezuela modelled on Chile?
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