FALL OF SOCIALIST GOVERNMENTS IN ARGENTINA AND VENEZUELA - IS LATIN AMERICA TURN AGAIN TO CAPITALISM ..?

After the fall of Socialist governments in Soviet Union and Eastern Europe the socialist world kept their eye on Latin America. Major Latin American Countries are ruled by Democratic Left Parties or Democratic Socialist parties with leftist ideology. But the latest news from Latin America is not satisfiable, In Argentina Presidential Election the candidate of President Cristina Fernandez de Kirchner’s party Front for Victory got less vote than the Opposition Candidate Mauricio Macri’s Cambiemos party. Mauricio Macri is the Director of the Famous Argentinian football club Boca Juniors and he is also an open market economy supporter, Christina Fernandez had not taken part in elections because the Argentinian Constitution does not allows more than two consecutive terms,

Similar results happened in Venezuela also opposition parties are leading in Venezuelan Parliament elections, the right wing opposition parties got more seats than the ruling President Nicholas Maduro’s United Socialist Party. Out pf 167 seats the right wing opposition party got 112 and the ruling left wing socialist party got only 55 seats. Nicholas Maduro can’t lost his presidency his tenure is upto 2019, parliament elections does not affect his position but his party lost parliament, now he can make decisions with the support of his opposite party only. His party lost the election because he failed to control the financial problems due to the oil price fall. Now the socialist era which had started by Hugo Chavez in 1999 became an end.

Hugo Chavez was the first 20^th century democratically elected Socialist leader with leftist ideology in Latin America, when he came in power he made a lot of changes in trade policy and country’s oil management , he nationalized many oil fields which has controlled by USA and other corporates. Chavez always used to criticize US’s policy of Latin American countries. He ended the privatization in many areas.

The whole world knows that USA and CIA funded the right wing organizations of Latin American countries against the Socialist governments, when Chavez hosted as the president the capitalist world feared about his policy and his policy was against capitalist, then the neighboring countries also elected socialist or leftist parties in following elections. USA and their allies lost their control on Latin American countries. The rise of democratic left since 1999 are following

1.     Luiz Inacio Lula Da Silva - Elected president of Brazil in 2002 and re-elected in 2006, the former union    leader Luiz Inácio Lula da Silva promised major social reforms and oversaw the emergence of Brazil as an economic powerhouse, which did much to raise millions of people in the country out of poverty.

2.     Tabaré Vázquez - an oncologist, was elected president of Uruguay in October 2004. A member of the Socialist party, he became the country's first president from a leftwing party. One of his first actions was to announce a $100m-a-year project to alleviate extreme poverty

3.     Michelle Bachelet's election as president of Chile in 2006 was significant for a number of reasons. She was the first woman president, she was a social democrat, and her father, General Alberto Bachelet, who served under Allende, had been tortured by, and died during, the Pinochet dictatorship

4.     Evo Morales - elected president of Bolivia in 2006, is a champion of indigenous rights and a vocal critic of US foreign policy. He has committed himself to widespread land reforms that would help the poorest peasant farmers and to ensuring that the wealth from the country's gas reserves is distributed more equally.

5.     Rafael Correa - elected in 2006 as president of Ecuador and re-elected last month for a second term. He is an economist who came to power on the back of his opposition to the International Monetary Fund's plans for remedying his country's economic ills. Instead, he rolled back the IMF plans and put an end to privatization of national resources such as water, oil and gas.

In Ecuador – as in Venezuela – many groups assert that the president is developing an authoritarian streak that endangers human rights and the freedom of Medias.

Rise of democratic left government of Venezuela influenced the political conditions of above mentioned neighboring countries.

But the fall of socialist government in Venezuela and Argentina are sometimes a temporary effect because it is not similar to the fall of Socialism in USSR and Eastern Europe. In Eastern Europe the socialist government was not democratically elected it was forcibly imposed. But in Latin America the left governments are democratically elected in two times etc. the rise of socialist governments depends on the personal image of presidential candidate also because in Chile Socialist leader Michele Bachelet’s socialist government lost the power due to the similar situation of Kristina Fernandez. But she reelected as president in 2014. The Socialist world are expecting the rise of left government in both Venezuela and Argentina like Mrs.Bachelet.