Chile is a good example of a "western" latin american country. Brazil/Argentina are bad examples. Brazil for instance, has state-ownership of its entire oil industry - pretty textbook socialism.
Chile? Just look how people are satisfied with their system nowadays... Behind seeming positive macroeconomic numbers, there is a very unequal society. Chile is the most unequal society among all OECD members. The riots that happen there right now are not against any socialism, but against the liberal fail. They followed strict liberal rules since Pinochet dictatorship, and that is what it became.
Yes, like that socialist disaster that is Finland.
(Besides, Brazil does not have state ownership of its entire oil industry.)
Or maybe the divide isn't clear cut, perhaps?