Parade in Argentina

Exit Latin America’s Left

The crushing defeat of the long-ruling Chavista government in Venezuela’s recent parliamentary election, together with the end of 12 years of Peronist rule in Argentina, is not a political watershed. Rather, the defeat of leftist governments throughout the region heralds a welcome transition toward political pragmatism.

BOGOTA – The crushing defeat of the long-ruling Chavista government in Venezuela’s recent parliamentary election, together with the end of 12 years of Peronist rule in Argentina, mark the end of a cycle of left-wing hegemony in much of Latin America. But this is not a political watershed marking the renewal of ideological confrontation. Rather, it is a measured transition toward political pragmatism. And it is very good news.

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