By Allison Fedirka
Leftist governments are staging a comeback in South America, right? The talk surrounding upcoming elections throughout the continent seems to suggest they are. Nostalgia for the days of economic prosperity in Brazil has lent credence to the notion that former president Luis Inacio Lula da Silva will run for president again. In Argentina, unpopular and painful economic reforms championed by President Mauricio Macri have breathed new life into rumors that citizens would prefer the populist policies of the previous administration. Other examples abound, but suffice it to say, the “pink tide” – South America’s peculiar brand of leftism – is in vogue again.
Or is it? It’s true that the left is alive and well. But the pink tide began to recede in 2015, and despite statements to the contrary, it’s still on its way out, not on its way in.
One Extreme to the Other
The pink tide came to be in the early 21st century. South America leaders mixed ele