Pink Tide rolls back into South America

The socialist's win in Bolivia is likely just the first of a series of left-wing victories.

Ecuador will vote on February 7. It'll be Andrés Arauz, handpicked by former President Rafael Correa, versus Guillermo Lasso.

Correa left office in 2017 with approval ratings over 60%. But in April, he was sentenced to eight years in prison on corruption charges and can’t return to Ecuador from his home in Belgium.
...Some see Arauz as Correa’s second chance at shepherding a loyal successor into office who could rehabilitate his image and ideas. Back in 2017, Correa passed the baton to Lenín Moreno, one his former vice presidents. But Moreno quickly distanced himself from Correa’s leftist economic policies and his government pursued investigations into alleged crimes in Correa’s government.

Lenín Moreno betrayed Correa and the people of Ecuador, but he will soon be gone.

Potentially the Big Shocker is in Chile, where in the space of two years they could go from neoliberal darling to electing a communist leader.

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The Revolutionary Life of Salvador Allende’s Daughter Beatriz Allende

On September 4, Chileans commemorate the fiftieth anniversary of the historic 1970 presidential elections when Salvador Allende and the Unidad Popular (UP) rose to power. At the time, the Chilean left’s electoral success was seen as revolutionary. For a generation of young activists both at home and abroad, the 1970 elections seemed to confirm the possibility of a parliamentary road to socialism.

13 users have voted.
vtcc73's picture

There is high expectation that Arauz will come in first as the rightwing is split with Lasso likely #2. Here is the thing I'm unsure of, fact wise, and whether it is possible: To avoid a runoff the winner of the election needs to have more then 40% of the vote. Arauz was close in the (highly unreliable) polls last I saw but 40% is quite uncertain. The right would almost certainly unite behind Lasso in a runoff.

Lasso is the nightmare scenario. He is a Guayaquil banker. I can't remember how many banks he controlled that failed in the late '90s. He ran from the country and is reported to have taken a significant haul with him. When Morreno was elected there were allegations that he had 40-some offshore companies that he'd stashed his money in and that they were being used to avoid taxes, an Ecuadorian elite favorite pastime. Strangely, when Morreno became prez the investigations and prosecutions evaporated like an ice cube on a Las Vegas strip sidewalk at noon in August. The investigations and allegation of corruption instead changed targets to Correa. Lasso is also the darling who wants close ties to the US and is promising a job revival with new World Bank and IMF loans.

I don't know if or how dirty Correa was but I do know that Lasso is a royal shit. He will pretty much reverse the reduction of poverty from 48% to 25% that Correa accomplished and sack what's left the treasury for his own benefit. Arauz and the people of Ecuador really need to pull off a win.

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"Ah, but I was so much older then, I'm younger than that now..."