leader comes to power with a radical agenda that promises to redistribute wealth and tackle inequality. Then, in power, that agenda begins to fall apart, promises are diluted beyond recognition, or they are ditched entirely.

So often has this happened in Latin America, the world’s most unequal region. Why? How? This insightful book goes a long way towards answering both. Its focus is tight and comparative – Bolivia, Ecuador and Peru – but that enables a deep dive into the vexed relationship between capitalism and democracy.