The Failure of Latin America is a collection of John Beverley's previously published essays and pairs them with new material that reflects on questions of post-colonialism and equality within the context of receding continental socialism. Beverley sees an impasse within both the academic postcolonial project and the Bolivarian idea of Latin America. The Pink Tide may have failed to permanently reshape Latin America, but in its failure there remains the possibility of an alternative modernity not bound to global capitalism. Beverley proposes that equality, modified by the postcolonial legacy, is a particularly Latin American possibility that can break the impasse and redefine Latin-Americanism.