More than one narrative is circulating. On the one hand, some point to a combination of deep-seated corruption of that sort that has long plagued Latin America, combined with rising prices for everything without a compensating rises in wages.
The other narrative invokes insidious far-left figures behind this. Especially Nicolás Maduro of Venezuela, and his Fora de Sao Paolo. There is a hard left presence in Chile, and in fairness to those who make such claims, they’ve done it before.
This is a developing, evolving situation. I will do my best to get events right and put them in context.
Unrest over the rising cost of living here appears to have been building for some time. The “tipping point” was an October 6 hike in Metro (subway) fare during peak hours from 800 Chilean pesos (around $1.17 U.S. dollars) to 820, the second hike of the year. This came on the heels of a 10 percent hike in electric rates just a few weeks ago.
These may not seem like much, but across the board price increases add up!