Ebbing Latin America's Pink Tide

Venezuela: The Epicenter of the “Pink Tide” and Now of the Right-Wing Rollback

by TRNN

February 20, 2019

There has been a significant rollback of leftist or center-left governments in Latin America over the past 10 years, beginning with the coup in Honduras against Manuel Zelaya in 2009, the legislative coup against Fernando Lugo in Paraguay in 2012, the electoral defeat of the Peronists in Argentina in 2014, and of course the legislative coup against Dilma Rousseff in 2016 and the imprisonment of presidential frontrunner Lula da Silva in Brazil last year.

Is there a pattern, and are there larger forces at work behind the reversal of the so-called Pink Tide in Latin America?

The effort to rollback Venezuela’s Bolivarian Revolution must be seen as part of a determined effort to pry open all economies to transnational capital – it’s about access, says sociologist of globalization William I. Robinson.