The election of Lula in Brazil and Petro in Colombia in 2022 have led to increased noise in both the media and left-wing circles about a second ‘pink tide’ in Latin America. This is a reference to the wave of so-called ‘progressive’ governments that ruled for a number of years in several countries of the continent between 1998-2015. It is perhaps apt that these governments are described as a ‘pink’ tide, as they are certainly far from being socialist ‘red’. It is necessary to examine the character of that f
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