The Chicago boys' economy - consequences

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The philosophy of the Chicago School, Mont Pelerin Society etc claims that letting the pure, unfettered, global markets work without interference will entail prosperity, happiness, freedom and peace. They claim to be freedom fighters. 'Freedom' in this philosophy is in reality the liberty for ordinary people to increase their debt and for multinational companies, big multinational brands and chain stores to wipe out local brands and small family stores, replacing them with global brands and megastores.

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