For the United States, the second most important foreign policy developments are occurring in South America. Maybe soon, the most important.
The news from Bolivia -- a country that is nationalizing, or, if you prefer, stealing, foreign-owned assets -- is just the latest in a string of anti-capitalist, anti-American developments in South America. In recent years, Venezuela, Argentina, Brazil, Uruguay and Chile have all elected left-leaning governments, determined to reverse "globalization" and thwart American influence. And similar governments are… more