As you can see, there was no economic miracle under Pinochet. For all of that time, Chile was quite a bit below even the rest of the continent. The Pinochet years are in gray.
As you can see, there was no economic miracle under Pinochet. What there was was a typical radical neoliberal massive transfer of wealth from the working classes (the bottom 2/3 of society) to the upper classes (the upper 1/3 of society. The end result was one of the most disgustingly racist and classist societies on the face of the Earth.
Also note that the Chilean economy takes off after Pinochet left and many of his neoliberal reforms were dismantled. Chile surpasses the Latin American average in 1995, around the time that Chile starting electing Socialists again. Great economic growth occurred under the Socialists.
Note also that the Chilean economy had started to decline already under Allende. This was due to a capital strikes and radical measures that the United Snakes undertook to destroy Allende’s economy. As Henry (Satan) Kissinger (The Consummate American) said at the time: We are going to make the Chilean economy scream. Similar capital strikes have been occurring in Venezuela for a long time now.
There were endless fake strikes (capital strikes) and stupid demos by “housewives” really just women from the upper classes. They marched out into their tony neighborhoods and beat pots and pans together for months on end. The lamestream corporate media in the US gave this endless drooling coverage. The same nonsense has recently occurred in Venezuela when more “housewives” (read rich bitches) poured out onto the streets to beat their pots and pans together once again to protest the radical democracy of Hugo Chavez and his replacement.
The CIA (Evil Central) planted endless fake stories in the Chilean media about Soviet submarines off the coast and Soviet militias in training camps all over Chile being poised for a radical Bolshevik takeover. It was all lies of course (just about anything the CIA says about anything is probably a lie) but it worked pretty well on a lot of gullible Chileans.