Chilean Libertarians Propose Privatizing Codelco, Giving Citizens USD 2,000
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Johannes Kaiser, president of Chile's National Libertarian Party (PNL), proposed privatizing the country's largest state-owned company, Codelco, and giving each citizen USD 2,000 under a 'popular capitalism' model. Kaiser argued that Codelco's underperformance is due to management issues and that privatization would make the company more efficient and generate jobs. The proposal was criticized by opposition deputy Andrés Couble as a 'smokescreen' for privatizing state-owned companies.
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