The crisis of democracy does not stem from mobilized masses, but from economic elites who, operating from within, have learned to govern without accountability.
The year 2025 left democracies alive but exhausted and a reconfigured political map. Amid fears and emergencies, the majority chose security. Are we facing a drift toward a punitive order?
In a 2025 marked by punitive polls, fragmented systems, and democracies under pressure, Latin America confirmed that voting remains an instrument of change, but no longer a guarantee of stability or democratic strengthening.
