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You may already know the bad news. It is a tragedy: Chile, the most prosperous and stable country in Latin America, where the goodness of capitalism was demonstrated in its maximum expression, committed suicide.
On Dec. 19, Chileans elected radical leftist Gabriel Boric as their next president. There had not been a radical communist in the Palacio de la Moneda since 1973. This is terrible news, not only for Chileans but for the whole continent, which will suffer the consequences of the advance of the extreme left.
Chile’s President-elect, Gabriel Boric, is supported by all the communists and statists of the world. His imminent presidency guarantees the following: Draconian regulations; overreach of executive authority; sky-high taxes and deadly restrictions for small businesses; vindictive and hateful rhetoric against the right—but most dangerously: poverty and social control.
This is a tragedy for those of us who defend capitalism. For years, we have used Chile as a point of reference to show how capitalism leads to prosperity. With this election, however, there’s no doubt we must learn a lesson.
It is not enough that there is great wealth, stability and prosperity. It was not enough that Chile is the most successful country in the region. Chileans still voted for a radical communist. Conservatives around the world have a lot to learn. Statistics are not enough.
This battle is cultural and it starts now!
Orlando Avendaño is the co-editor-in-chief of El American. He is a Venezuelan journalist and has studies in the History of Venezuela. He is the author of the book Days of submission // Orlando Avendaño es el co-editor en Jefe de El American. Es periodista venezolano y cuenta con estudios en Historia de Venezuela. Es autor del libro Días de sumisión.