Sebastian Pineras triumph in Chiles recent elections would seem to confirm that Latin America is turning against statist left-wing populism.
First, Argentinas Mauricio Macri unseated the Peronists, who had turned an emerging country into a fourth-world disaster. Then Bolivias Evo Morales lost a referendum in his effort to overcome constitutional term limits. (He is going ahead anyway but is encountering tough resistance.) Then Brazils Dilma Rousseff was impeached amid a national revolt against corruption and was succeeded by her vice president, himself under suspicion, who is bent on reversing decades of profuse government interventionism. Then Ecuadors new president, Lenin Moreno, denounced his predecessor and one-time mentor, Rafael Correa, a demagogic admirer of Venezuelas dictator. And now, after four yearsduring which the countrys center-left, for decades an example of vegetarian moderation, let loose some of its carnivorous instinctsChile has opted for Sebastian Pinera, a staunch defender of a (relatively) free economy, which has placed Chileans within $5,000 per capita of becoming a developed country.
|Alvaro Vargas Llosa is Senior Fellow at The Center on Global Prosperity at the Independent Institute. He is a native of Peru and received his B.Sc. in international history from the London School of Economics. His Independent Institute books include Global Crossings: Immigration, Civilization, and America, Lessons From the Poor: Triumph of the Entrepreneurial Spirit, The Che Guevara Myth and the Future of Liberty, and Liberty for Latin America.|
The erosion of national boundariesand even the idea of the nation stateis already underway as people become ever more inter-connected across borders. A jungle of myth, falsehood and misrepresentation dominates the debate over immigration. The reality is that the economic contributions of immigration far outweigh the costs.