@brainbomb
also the wealth inequality in Chile, is a very complicated issue. Immediately after 73, there was a large economic crisis, and nearly everyone was poor. The rich in that country either lost big, or fled to neighboring country.
thus there was very little income inequality.
Then the Chicago Boys came in, they used large amounts of labor and a free market to immediately revamp the economy. The inflation the had been occurring died down, wages and income went up for ALL class strata, and yes the top benefited. Then at the turn of the decade, they started to democratize.
Everything was going amazingly.
But the politicians they got in, were not the best. Many had been former communists, many had been corrupt under old regimes. They increased social spending over 200%, and they did so by printing TONS of money. Inflation occurred, while wages couldn't keep up in Real value, so the poor suffered. The people who had become rich were able to hold onto their wealth, and eventually they sold out and now corruption reigns supreme.
It wasn't the initial economic policy of Friedman that led to income inequality, it was government that started it.