Venezuela Falters

"The Latin American Experience” argues that democratic stability requires policies that limit the society’s degree of substantive economic and social inequality.

Unlike in the past, populism in Latin America today is driven mainly by the power of charismatic leaders—and it is eating away at the region’s already weak party system.

Guatemala, Honduras, and El Salvador are weighed down by high crime, sluggish economies, and heavy reliance on remittances. And when significant political change has taken place, it has resulted in…