Morales, No!

Evo Morales lost the national referendum to allow him to serve a fourth presidential term. This is important for Bolivia as well as the rest of Latin America, which has been riding a wave of leftist populism. It follows the defeat of Cristina Kirchner in Argentina and the loss of the parliament setback by the chavista government in Venezuela. It also shows the resilience of democracy, even in a country that is multiethnic.