A Beleaguered Hemisphere [clip]
Latin America, a global bright spot in the early 1990's when democratization and economic liberalization took hold with great promise, has fallen on hard times. Free-market economic prescriptions pushed by Washington have been discredited. Leftist and populist alternatives are gaining support, as evidenced by Luiz Inácio Lula da Silva's election last month to the Brazilian presidency.
[clip]
What do people make of this? I guess the cynical take would be that liberal/centrist papers tend to become more critical when a conservative holds the Presidency. Still, it seems to be a final judgement concerning neoliberalism and "late capitalism."
Peter