Doomer time. All these recently elected leftist goverments in South America will spend their time in power under a globel economic crisis with huge inflation and will blamed for the worsening of people's conditions (even if most of it is not their fault). Considering how most of this presidents barely got over 50% of the vote I see a real posibility that in 3-4 years we see a wave of right wing goverments in Latam
People see they are being left behind and the center-right is only offering them the same austerity they’ve ever been given
I agree that this is true and a major factor for why they are winning NOW. But if the coming recession is really bad there is a chance where these goverments get stuck with the worst of both worlds: no money to make the structural reforms for social security and an empowered opposition that says "see you cant trust the left with money, they spend too much and bankrupt the country"
People are dividing along class due to material conditions and we know from any income/wealth distribution plot in existence that the labor class is larger
I hope that the doomer scenario doesnt happen and that class solidarity is strong enough
Doomer time. All these recently elected leftist goverments in South America will spend their time in power under a globel economic crisis with huge inflation and will blamed for the worsening of people's conditions (even if most of it is not their fault). Considering how most of this presidents barely got over 50% of the vote I see a real posibility that in 3-4 years we see a wave of right wing goverments in Latam
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I agree that this is true and a major factor for why they are winning NOW. But if the coming recession is really bad there is a chance where these goverments get stuck with the worst of both worlds: no money to make the structural reforms for social security and an empowered opposition that says "see you cant trust the left with money, they spend too much and bankrupt the country"
I hope that the doomer scenario doesnt happen and that class solidarity is strong enough
Also don’t forget those countries have a very strong and willing ally that’s about to officially become the world’s largest economy. :xi-lib-tears:
A red star rises in the East!