For the first time in more than a half-century, Chileans have elected a president from the political Right. Although the race tightened in the last month, the win on Sunday by Sebastián Piñera, a billionaire businessman and former senator, was long expected.

While commentators focus on what the election portends for Chile and Latin America, it is worth pausing to reflect on the legacy of the defeated Center-Left Concertación coalition that ruled from 1990 to 2010. What does it mean that Chileans elected Concertación governments time after time for the past 20 years?

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