Is Latin America’s ‘Pink Tide’ Ebbing? | Consortiumnews
29.10.14
Is Latin America’s ‘Pink Tide’ Ebbing? | Consortiumnews - Rousseff’s victory extends the 12-year rule of the Workers Party, which was founded by former President Luis Inácio Lula da Silva, a leading light of the Pink Tide who remains a popular political figure because he helped redefine Brazilian politics with a commitment to lift up the poor. He is also credited with facilitating Brazil’s emergence as the region’s economic powerhouse.
The Workers Party’s legacy is now so engrained in Brazil’s politics that even Rousseff’s pro-market challenger Aécio Neves of the conservative Social Democracy Party promised to preserve the socialist and environmental gains of the Left while seeking to rekindle the country’s once-rapid economic growth.
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