Politics
During the first decade of the 21st century, South American governments have drifted to the political left, with socialist leaders being elected in Chile, Uruguay, Brazil, Argentina, Ecuador, Bolivia, Paraguay, Peru and Venezuela. Despite the move to the left, South America for the most part still embraces free market policies, and it is taking an active path toward greater continental integration.
Recently, an intergovernmental entity has been formed which aims to merge the two existing customs unions: Mercosur and the Andean Community, thus forming the third-largest trade bloc in the world. This new political organization known as Union of South American Nations seeks to establish free movement of people, economic development, a common defense policy and the elimination of tariffs.
Read more about this topic: South America
Famous quotes containing the word politics:
“There is a place where we are always alone with our own mortality, where we must simply have something greater than ourselves to hold ontoGod or history or politics or literature or a belief in the healing power of love, or even righteous anger.... A reason to believe, a way to take the world by the throat and insist that there is more to this life than we have ever imagined.”
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