Skip to content
Search

Latest Stories

News

Latin America's Crisis of Expectations

Latin America's Crisis of Expectations
Make us preferred on Google

Economic inequality and the erosion of the middle class played a major role in the rise of anti-establishment politics in US and Europe. But in Latin America, the economic picture looks different. For a decade, inequality has been fallingas tens of millions joined the middle class. So why is it that, according to a new study, only 15% of people in the region approve of their political parties, and barely a third think their governments are doing a good job?


If the European and American middle class is suffering a crisis of security, Latin America’s growing middle class is facing a crisis of expectations. With basic needs increasingly met, families now expect better roads, schools, hospitals and law enforcement. But governments haven’t delivered well enough.

Pervasive graft is one key problem: it depletes the resources needed to build infrastructure, and it makes it harder to contain spiraling crime and violence. It’s no coincidence that corruption scandals have erupted across the region, rocking the public’s faith in current leaders and opening the way for candidates from outside the political mainstream.

Another problem is that the recent economic boom years are over — meaning governments have to make do with less, precisely as their people have come to expect more. That’s not an easy circle to square even in the best of times, but plummeting faith in government institutions makes it that much harder.

Why it matters: Four of the region’s largest economies — Brazil, Chile, Colombia, and Mexico — will pick new leaders in the next year, and anti-establishment candidates are increasingly competitive in all of those races. This is the most unpredictable electoral cycle since the region’s transition to democracy three decades ago.

Curtain-raiser: Middle class expectations aren’t just a Latin American issue. Hundreds of millions of people joined the middle class in Asia over the past decade. How will their expectations shape the region’s democracies? More to the point, how will they shape the region’s autocracies? (Looking at the dragon in the room here, yes.)

More For You

Donald Trump speaking during an address to the nation on July 16, 2026.

US President Donald Trump speaks about election security during an address to the nation from the East Room of the White House in Washington, D.C., US, July 16, 2026

SAUL LOEB/Pool via REUTERS
Trump’s election claims add to a cloud of mistrustThe US president used a primetime address last night to argue America’s election system is broken and vulnerable to “rigging.” He pointed to documents he says show Chinese interference in the 2020 vote. But the evidence Trump offered, along with past assessments from the intelligence community, [...]
Betting on Trump
Farida Dowidar
Gabriel Perez, who has worked for the president since 2016, is under fire for his prediction market wagers, allegedly using his access to the speeches to make his bets. At times, Perez reportedly backed out of bets mid-speech when Trump skipped over portions of addresses that he’d bet would be mentioned. Kalshi, the platform used, detected unusual [...]
Hunger strike in India intensifies
Farida Dowidar
Sonam Wangchuk has long campaigned for the reform of India’s corrupt and inefficient system of entrance exams for higher education. That issue is also central to the recently formed Cockroach Janata Party protest movement, led by people decades younger than Wangchuk, who is 59-years-old. In India, millions of students compete vigorously for a [...]
​Israeli Prime Minister Benjamin Netanyahu attends a session at the Knesset, in Jerusalem, Israel, on July 16, 2026.

Israeli Prime Minister Benjamin Netanyahu attends a session at the Knesset, Israel's parliament, before it dissolves ahead of the 2026 Israeli elections, in Jerusalem, Israel, on July 16, 2026.

REUTERS/Ronen Zvulun
It’s official: on Sunday, Israel’s parliament affirmed that the country will hold a national election on Oct. 27. It will be the first time that Israelis head to the polls since the Hamas attacks on Israel of Oct. 7, 2023, and the subsequent wars in Gaza, southern Lebanon, and Iran.The big question in this election yet again is whether Benjamin [...]