Phyne

In Chile, the combination of weak rural capital and strong landed elites in the democratic period meant policies favoured landed elites in agriculture and fisheries. This was reinforced after the military coup of 1973 and the development of a neo-liberal regime. While landed elites had to share with foreign capital, domestic policies reinforced their strength in rural areas. In Chile, landed elites and foreign capital dominate the industry. This was through a neo-liberalism reinforced by economic globalization. Even after the return to democracy and centre-left coalition governments, neo-liberalism reinforced the power of landed elites and foreign capital (Phyne, 2010: 165).

— Phyne, J. (2010). A comparative political economy of rural capitalism: salmon aquaculture in Norway, Chile and Ireland. Acta Sociologica 53(2), 160-180.

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