‘Capitalism Saved the Miners’? Only in Wonder Land

After the miners’ rescue Wednesday, talk in Chile turned to mine safety and the conduct of Compania Minera San Esteban, the corporation that owns the San Jose mines where the miners were trapped. On Thursday, Chilean President Sebastian Pinera publicly addressed safety issues, vowing “fundamental changes in how businesses treat their workers.” Stories about San Esteban’s horrible record are legion (e.g., here and here). The company has been host to a number of deaths at its mines in recent years, and accusations of safety violations including the charge that it ignored orders to install safety equipment–a condition of its reopening […]