Suppose the elderly figured why bother going out with covid risk and they will be dead before they see any changes. The young are idealistic and run by emotions and want everything their way, because they are societies conscience , they got out and voted and influenced by social media to do so got them motivated.
The rest sort of shrugged and didn't really show up in any exceptional numbers, with a turnout on parr with their normal civic duties in any election. Not really an overwhelming success or mandate in my opinion. But a win nonetheless.
Ah well, I guess the oldies have had a good run and had their turn, lets see what the young dumb and full of themselves and their worldview can do. Watch now as everyone desperately tries to appeal to the young and "connect" with them.
https://www.emol.com/noticias/Nacional/ ... scito.html
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The OECD seems to agree with your assessment.Britkid wrote:
If Chile wants higher pensions, better education and health care, i.e. a larger government, then it means more taxes. The logical solution is a moderate increase to middle class taxes, and a high increase to upper class taxes.
One other possible magic short cut that might work is to do well out of the copper, lithium etc etc, and taking care to make sure that all these funds go to the state.
If neither of those works, then I don't see how things can change that much.
Revealed: how the wealth gap holds back economic growth
OECD report rejects trickle-down economics, noting ‘sizeable and statistically negative impact’ of income inequality
The thinktank said governments should consider rejigging tax systems to make sure wealthier individuals pay their fair share. It suggested higher top rates of income tax, scrapping tax breaks that tend to benefit higher earners and reassessing the role of all forms of taxes on property and wealth.
Angel Gurría, the OECD’s secretary general, said: “This compelling evidence proves that addressing high and growing inequality is critical to promote strong and sustained growth and needs to be at the centre of the policy debate. Countries that promote equal opportunity for all from an early age are those that will grow and prosper.”
https://www.theguardian.com/business/20 ... ecd-report