The
1974 Chilean presidential election was the end of the greatest crisis Chilean democracy faced in the latter half of the twentieth century. Salvador Allende, who had been elected in the divisive 1970 contest, had begun an ambitious program to put Chile on the road to socialism, including land redistribution and the nationalization of the country's copper mines and health-care system. Despite Allende's wishes to remain on good terms with the Humphrey Administration, Washington and other western powers were alarmed by these moves and reduced economic aid to Chile. Allende's programs were also divisive domestically and well-off Chileans and industries that feared becoming nationalized began to loudly proclaim their willingness to strike in opposition to Allende's program. After the country's Supreme Court lambasted Allende's administration for failing to uphold Chilean laws that the administration disagreed with, or that limited their implementation of certain policies, the center-right dominated National Congress began impeachment proceedings after a sweeping victory for the Confederation of Democracy (CODE:
Confederación de la Democracia) center-right alliance in the 1973 parliamentary elections.
Allende refused to go without a fight and publicly called on his backers to oppose what he called an "illegitimate attempt to overthrow the elected government" and the center-right was unable to muster the two-thirds majority needed to oust Allende as 1973 turned into 1974. After a series of by-election victories that were won by the Christian Democrats (the largest party in CODE), the Popular Unity (
Unidad Popular) alliance reacted to the visible shift in popular attitudes by beginning, little by little, to move away from Allende. Allende, increasingly spread thin by the fighting to keep his coalition intact as well as trying to push through the rest of his program within the final two years of his elected term, alienated his radical allies by refusing to consider their appointments to vacant cabinet posts or input. In response, several hard-line Socialist Party members (as well as a few members from the Radical Party) telegraphed to CODE their plans to leave the country for simultaneous vacations, giving the center-right two-thirds of the vote with the absences. The center-right wasted no time and impeached Allende within days of the last hardliner leaving the country. A small stand-off ensued as Allende briefly refused to leave the Presidential Palace, but eventually acceded to the inevitable and handed the presidential sash to his Minister of the Interior Carlos Briones, who became acting president under Chile's constitution.
Briones, per his constitutional duty, declared new elections to be held two months after Allende's removal and begun campaigning immediately. Unlike the 1970 election that had seen Allende come on top with a divided center-right vote, CODE unanimously backed Senate President Patricio Aylwin of the Christian Democrats for the presidency. Popular Unity and Briones castigated the removal of Allende as a “national shame” and promised to continue Allende's work. Aylwin, in contrast, campaigned on restoring constitutional governance and in "healing the country's wounds".
Aylwin won by a convincing margin and begun to heal the wounds of the Allende administration in ways that would enrage rich supporters who believed that removing Allende would reset the clock to before the Socialist victory in 1970. Aylwin notably did little to Allende's social programs, including the nationalization of copper mining and the country's education system, although he dutifully refused to fight those the Supreme Court had ruled unconstitutional. The marked difference in Chilean politics between his 1974 inaugural and the 1980 election of his successor, Andrés Zaldívar, has been credited almost universally to Aylwin's steady hand at governing and calming influence on the national political scene, something unthinkable for Socialists in 1973-4 who saw him as an architect of Allende's impeachment.
Briones' loss in the election marked the beginning of a low point for the Socialist Party in Chile, as Zaldívar's actions against Argentina in the Falklands War ensured a landslide victory for his successor, Edmundo Pérez Yoma in the 1986 election. Indeed, the center-right would not lose the presidency until Ricardo Lagos' victory in the 1998 contest, the first after the end of the Cold War. Aylwin's death in 2016 marked a nation-wide period of mourning for the man who, in the words of outgoing president Soledad Alvear "prevented a civil war", although Socialist candidate (and soon-to-be-president) Osvaldo Andrade was more circumspect in his praise for Aylwin, pointing to the role Allende had played after his removal in preventing his supporters from attempting violent revolution.