Continuidad del sistema de AFP en democracia: el rol del poder de la elite económica

Since mid-2016, when the “No more AFP” movement took to the streets to protest against the pension system based on individual capitalisation accounts, the need for a wide-ranging reform of the pension system has remained at the top of the agenda. Nonetheless, Chile’s political system has not been ab...

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Bibliographic Details
Main Author: Schiappacasse, Ignacio
Format: Article
Language:Spanish
Published: 2021
Subjects:
Sistema de pensiones
AFP
elite económica
poder empresarial
Chile
políticas sociales
pension system
economic elite
business power
social policies
Online Access:https://dialnet.unirioja.es/servlet/oaiart?codigo=8758436
Source:Revista chilena de derecho y ciencia política, ISSN 0718-9389, Vol. 12, Nº. 1, 2021 (Ejemplar dedicado a: Vol.12, N°1), pags. 104-148
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Continuidad del sistema de AFP en democracia: el rol del poder de la elite económica
Summary: Since mid-2016, when the “No more AFP” movement took to the streets to protest against the pension system based on individual capitalisation accounts, the need for a wide-ranging reform of the pension system has remained at the top of the agenda. Nonetheless, Chile’s political system has not been able to address this issue, which has become especially salient and contentious during the COVID-driven crisis. In this context, a research question that addresses the factors explaining the remarkable resilience of the AFP system in post-authoritarian Chile has become highly relevant. This work argues that the more influential current frameworks do not offer the necessary analytical tools to understand this issue comprehensively. As such, this article suggests that the traditional, structural-instrumental analytical framework for the study of business power should be supplemented with analysis of ideational elements of power. The augmented conceptual approach developed in this research is effective in capturing long-term, strategic investments carried out by the economic elite in order to increase their power. Likewise, this novel conceptual approach is useful for understanding why the Concertación party grouping not only abandoned its original programme, but ended up actually promoting further privatisation of the AFP system.   

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