Word: chileanization
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Dates: during 1970-1979
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Just eight months ago, President Salvador Allende Gossens bragged that "the Chilean road toward socialism has been reached with the least cost of any other revolution in the world." Unfortunately for Marxist Allende, Chile's socialist road now seems to be rather bumpy. Last week, in the wake of continuing economic decay, Allende announced a sweeping austerity program of "work, sacrifice and savings...
Chile's economic stagnation has been caused mainly by overzealous nationalization. Thus far about 250 firms have been taken over; many were "intervened" (as Chilean official jargon puts it) in the wake of often phony labor disputes or charges that production is faltering. Hundreds of foreign technicians have left the country, contributing to a sharp drop in productivity. In the nationalized copper industry, Chile's largest source of income, production this year is projected only marginally higher than last, despite a plant-capacity increase...
Overworked Women. Business was so brisk in nightclubs that prices were raised from $ 1.05 to $ 1.55 a drink. The Chilean central bank reported that the delegates changed an average of only $3 a day into escudos at the official rate. Meanwhile, the visitors brought a boom to Santiago's money black market, where dollars were exchanged for three to four times the official rate. A popular brothel located in a downtown office building reported its business up 50% during the UNCTAD meeting and had to add four women to its overworked regular staff...
Curiously, the greatest party lovers were the Chinese. Their embassy receptions, awash with plenty of mind-numbing mao-tai liquor, were the most popular social events in Santiago. But the Chinese were always tough-bargaining businessmen. Last week three of them huddled with three Chilean girls in a combination bar-brothel and were told that the price of the action would be $75 each, double the pre-UNCTAD days. The Chinese held a hasty conference and made a decision: they would share one girl...
Arica's guru is Oscar Ichazo, 40, a Bolivian ex-philosophy student who let it be known in 1970 that he was planning a training retreat for North Americans in the Chilean city of Arica. Among the 50 seekers who made the trip-and paid from $4,000 to $7,000 apiece for the ten-month experience -were artists, housewives, businessmen and a few scientists (among them Dr. John Lilly, the dolphin expert, who had previously tried to achieve higher consciousness on LSD trips). Almost half were disenchanted defectors from Esalen, the encounter center at Big Sur, Calif...