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Lessons from the First Pink Tide’s Collapse

By Nick Burns

A new book criticizes the last generation of Latin American left-wing leaders for relying too much on commodities.

This article is adapted from AQ's special report on supply chains In the first several months of 2022, talk began to circulate of a “second pink tide” in Latin America. With left-of-center candidates on the ballot in Brazil and Colombia, a progressive president elected in Chile, and left-wing leaders already in office in Argentina, Peru and Mexico, it seemed that the region’s left could have another period of success in store for it. That’s not out of the question. But as a struggling Gabriel Boric has already discovered, the situation today—with galloping inflation...

Read this article on the Americas Quarterly website. | Subscribe to AQ.

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