Gold, Oil and Avocados

The past decade has seen major political upheaval in Latin America—from Brazil to Chile to Venezuela to Bolivia—but to understand what happened, ask first where your quinoa and lithium batteries came from...
The dawn of the 21st century was full of promise for Latin America. After military dictatorships and CIA-backed coups plagued South and Central America throughout the Cold War, a new set of leaders took control as history came to an end, armed with programs to reduce poverty and reclaim national wealth.
Today, those leaders have fallen like dominos—Brazilian Lula is in prison with his political heir deposed, Evo Morales fled Bolivia as a mob descended, and a protracted coup in Venezuela unseated Hugo Chavez's heir. Where did the dreams of this "pink tide" go? Look no further than the original culprits of Latin American disenfranchisement: resource-rich land and unscrupulous extraction.
Joining the old staples like gold and bananas that underscored the...