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The coup didn't take: Socialists’ victory in Bolivia shows more unity than foreign meddlers would like

22 8 27
19.10.2020

Despite all odds, the Movement for Socialism (MAS), the party of former President Evo Morales, appears to have won Bolivia’s election outright in the first round. Preliminary results show that MAS candidate Luis Arce won the presidency and the party also won the congress soundly. Nearly a year after an unelected US-backed coup, led by Jeanine Áñez (who has already congratulated Acre on his victory on Twitter), the Bolivian people have reclaimed their democracy and are poised to consolidate power against the forces of neoliberalism stronger than ever before.

Aún no tenemos cómputo oficial, pero por los datos con los que contamos, el Sr. Arce y el Sr. Choquehuanca han ganado la elección. Felicito a los ganadores y les pido gobernar pensando en Bolivia y en la democracia.

Arce, the 57-year-old former minister of economy and public finance under President Morales, was one of the architects of the Bolivian economy – what was once called the “Bolivian miracle.” During the Morales administration that he served under, gross domestic product (GDP) grew from about nine billion US dollars to over 40 billion, per capita GDP tripled, other key financial and monetary figures were wrangled in favorably, but most importantly, extreme poverty fell from nearly 38 percent to 15 and moderate poverty was nearly halved.

Nationalizing hydrocarbons was the main contributing factor to this........

© RT.com


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