Posted at Hartmann Report on Aug. 31, 2025
Foreword by Greg Palast: The Hidden History of Neoliberalism: How Reaganism Gutted America and How to Restore Its Greatness
Milton Friedman’s feet didn’t touch the floor. This was the University of Chicago 1975 and Prof. Friedman was God. God sat in a chair, the little man’s feet dangling, as he humiliated students who deviated in the slightest from the Gospel of Friedman, what he dubbed, "Neoliberalism."
I kept my head down. Friedman didn’t know I was sent to study with him and his Chicago Boys by the city’s labor leadership. They wanted to know if this Friedman was as dangerous as he seemed. Friedman was the not-so-hidden hand behind the new dictatorship of Chile’s Augusto Pinochet. Pinochet liked to throw dissenters out of helicopters, whatever it took to create what Friedman called, “The Miracle of Chile,” a radical right-wing makeover of the nation’s economy.
Bless Thom Hartmann for exposing the neo-lib Genesis story, the “Miracle” in Chile was a con. Hartmann notes that Chile’s economy went into free fall under the Chicago Boys’ regime; unemployment hit 30%.