"Starting in October 2019, hundreds of thousands of people participated in months of anti-government protests—a so-called “social explosion” — which culminated in a national vote in 2020 to rewrite the Pinochet-era constitution. If elected, Boric, who has spent the past seven years as a congressman arguing for the ideals expressed in the social explosion, promises to kill off the old model for good. A Boric - led leftwing coalition would hike taxes on major industries, ramp up public spending to overhaul services, and scrap the private pension system that has underpinned Chile’s capital markets. “If Chile was the cradle of neoliberalism, it will also be its grave,” he told a rally in July after winning the primary for leftist bloc Approve Dignity."
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Chile
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