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From Rafael Correa to Guillermo Lasso via Lenin Moreno

The election of Lasso as president opens a new stage in the implementation of policies that will be even more favourable to Ecuadorian Big Capital, to foreign multinational corporations, to an alliance among right-wing presidents in Latin America and to the pursuit or indeed reinforcement of US domination on the continent. The election outcome on…

Written by

Eric Toussaint

Originally Published in

The election of Lasso as president opens a new stage in the implementation of policies that will be even more favourable to Ecuadorian Big Capital, to foreign multinational corporations, to an alliance among right-wing presidents in Latin America and to the pursuit or indeed reinforcement of US domination on the continent. The election outcome on 11 April 2021 is a dark signal for the popular side. In order to understand why a significant part of of the popular side refused to vote for Arauz to defeat Lasso, we have to examine the policies implemented by Rafael Correa after he was reelected president in 2010.