Although the regime's proxy candidate for the presidency, Hernán Büchi, lost in the reinstated democratic elections, the institutional framework secured cultural hegemony and the persistence of the neoliberal model. Neoliberalism in Chile (and elsewhere) cannot be equated with authoritarianism and military dictatorship, ignoring continuities during and after the transition to democracy. It is precisely the mutability of neoliberal knowledge and its flexible relationship with power that sustained essential components of the neoliberal model and the neoliberal path in Chile.

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 1614