In Chile, everything from "kindergarten to cemeteries and community swimming pools were put out for bid." Between 1985 and 1992, over two thousand government industries were sold off throughout Latin America. Much of this property passed into the hands of either multinational corporations or Latin America's "superbillionaires," a new class that had taken advantage of the dismantling of the state to grow spectacularly rich.

Auteur: Greg Grandin