Latin America's Radical Left Unravels

[rangerrebew]

Latin America's Radical Left Unravels
By Fabio Rafael Fiallo
August 01, 2016
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Latin America’s hard-left -- the left enraptured by Fidel Castro’s 57-year-old Cuban Revolution and Hugo Chavez’s 21st Century Socialism -- has been losing terrain, indeed collapsing, both on efficiency and on moral grounds.

Countries ruled by like-minded leaders and parties have generally shown a poorer economic performance than the region at large. This has notably been the case of Argentina under Nestor and Cristina Kirchner; of Brazil under the second mandate of Luiz Inacio Lula da Silva and his successor, Dilma Rousseff; and, most of all, of Venezuela throughout its 17 years of Chavismo.

True, Bolivia’s Evo Morales, as well as Lula during his first term, registered impressive performances with regard to economic growth and poverty eradication; but these achievements can largely be attributed to the fact that both leaders played by the book and abided by neoliberal macro-economic orthodoxy, instead of yielding to the lavish public spending, money printing, and bureaucracy bloating that form the core of a typical populist-left policy.

http://www.realclearworld.com/articles/2016/08/01/latin_americas_radical_left_unravels.html

[kidd]

I dunno.

The people in Venezuela blame Maduro for their problems and still view the Chavez years as wonderful.
They don't realize (and may never realize) that it was the Chavez ideology that gave them their present nightmare.

[Fishrrman]

"Latin America’s hard-left -- the left enraptured by Fidel Castro’s 57-year-old Cuban Revolution and Hugo Chavez’s 21st Century Socialism -- has been losing terrain, indeed collapsing, both on efficiency and on moral grounds."

While we might think that it's about time, and the people of the Southern Hemisphere would wise up and toss the left out, that won't happen.

What WILL happen is that they'll install a NEW group of leftists-socialists, who will promise to "do it right this time".

If you want to see a real cleanup of the left, it has to be done "Chile style", as Augusto Pinochet did back in the 1970's. He literally saved Chile from a "Venezuelan fate". Chile is a prosperous nation today because of The Junta, not in spite of it.