Article: The southern cone: socialism fades out of fashion.

Sir Thomas More set his sixteenth-century Utopia in America, a New World free from the corruptions of Old England, where an ideal society might be constructed on firm foundations. The realities of the Western Hemisphere disappointed the early utopian thinkers, and their modern descendants have not fared much better. This disappointment of utopian dreams is especially poignant in the "Southern Cone" countriesChile, Argentina and Uruguay -a region of European immigrants and pretensions, united as well by the recent defeat of promising leftist bids for political power.

It was less than two decades ago that Salvador Allende was constructing a democratic form of ...

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