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СпутникиРНSpaceXРоскосмосNASAIn the 2000s and early 2010s, Brazil, Peru, and Chile experienced leftist electoral victories, reflecting the regional trend known as the Pink Tide. However, in the mid-2010s, the erosion of the popular support for left-wing governments interrupted this process, marking the start of a period of instability. On the one hand, in different countries, conservative forces managed to regain power, renewing the impulse to marketization; on the other hand, left-wing parties kept their electoral strength, obtaining new victories after the late 2010s and even opening the debate about a second left turn in the region. Although these electoral cycles in Brazil, Peru, and Chile reflected domestic political conditions, they cannot be detached from Latin America’s position in the hierarchy of global capitalism. This paper argues that the region’s integration into international trade and global finance has also shaped and subordinated political cycles, introducing varied constraints and opportunities...
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