Capitalist Regime Loyalties and Redemocratization in Chile

Chile is Often portrayed as an exceptional case among recent transitions from authoritarian rule for a number of reasons. It was the last of the "bureaucratic authoritarian" regimes to democratize; the transition followed the timetable and conditions set by the military more closely than in Argentina and Uruguay; the prognosis for economic and political stability seems optimistic relative to the rest of the region. An important reason for Chilean exceptionality was the fact that, unlike in other cases, Chile's business and landowning elites supported the military government to the end. Why did they do so?