Socialism, which lost steam after the first pink tide subsided and gave way to conservative regimes a decade ago, now has a second lease of life.
Author
Sreeram Chaulia, Professor and Dean, Jindal School of International Affairs (JSIA), O.P. Jindal Global University, Sonipat, Haryana.
Summary
With the narrow victory of socialist Luiz Inácio Lula da Silva in Brazil’s presidential election, almost the whole of Latin America — from Mexico in the north to Chile in the south — is back in the hands of the political Left. Socialism, which lost steam after the first pink tide subsided and gave way to conservative regimes a decade ago, now has a second lease of life.
Progressive politicians across Latin America are promising to restore their countries on the path of social equality and economic recovery. Lula’s vow that once he retakes charge of Brazil, “the people will eat steak, drink beer again, and be happy again”, encapsulates the hopes of poorer sections of society, who have been hammered by the pandemic, global inflationary pressures and economic slowdown.
Published in: Hindustan Times
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