The degree of inequality was staggering: three-quarters of the wealth was in the hands of twenty families. The middle class survived on credit; there was poverty for the many and opulence for the few: shantytowns contrasting with glass skyscrapers and mansions behind walls. Well-being and security for some, unemployment and repression for others. The economic miracle of recent years, based on absolute freedom for capital and a lack of basic rights for workers, had burst like a bubble.
