Isn't Chili one of the few success stories in Latin America? Way less income inequality than the region's average, huge increases in wealth among the lowest (up 439% in the bottom 10% of earners since 1990), the highest ranking Latin America country on the UN's Human Development Index and the most "free" country in South America.
Yes, once the social democratic Broad Front took power after the return of democracy, they implemented policies that actually invested into the people instead of hoarding the country’s wealth into the hands of oligarchs. Now that they’re out of power, well, the right-wing coalition is fully serving their core supporters now.