The chapter in Latin American history that opened in 1998 with celebrations in Venezuela has ended with a coup and violence in Bolivia. As with all tidal waves, the “pink tide” recedes to reveal a terrain transformed. The left movement landscape that produced variously striped socialist governments in a dozen countries is fractured and disillusioned. Central and South America face a resurgent right and the return of austerity, often through a scrim of tear gas. This state of disarray also marks the continent’s literal terrain: the forests and mountains cleared and ripped open, their minerals and hydrocarbons sent to port and shipped abroad in the name of a socialist project whose achievements have proven fragile, temporary, and superficial. Trying to maintain a “green” version of global consumer society could lead to a scramble for rare metals to make previous waves of extractivism look gentle by comparison.