In the Latin American region, the traditional Left and Right were transformed in the late 20th century after the Cold War ended. The followers of the freer Left were forced to embrace their individual conservative ideas, while the followers of the Right, in turn, had to implement democratic policies. Nevertheless, significant differences continued to exist in these two polar ideologies, and today, they largely relate to geopolitical issues and foreign policy.
Representatives of the Left condemn any attempts by more economically powerful countries, particularly the United States, to establish hegemony in the region based on financial dominance and more advanced institutional policies. Supporters of the Right, in turn, do not oppose mutually beneficial cooperation since their ideology of capitalism allows for partnership, including geopolitical interests. For the Left, adherence to the principles of a market economy and global interaction is unacceptable because this violates the principles of internal development. The examples of Cuba, Venezuela, and other socialist countries confirm this thesis.
Right-wing ideas allow and encourage the growth and acceptance of Latin American countries on the global stage and stimulate the expansion of trade and other ties. Therefore, basic contradictions relate to the principles of foreign policy and interests in partnerships.
As a result of this struggle, differences also affect the methods of political work in the two ideological camps. In Latin America, the Right is often judged in the context of narrow coalitions among elites, while the Left promotes looser government regulations and more open administration. Thus, the most significant differences between the two ideologies are manifested in the peculiarities of foreign policy, geopolitical issues, as well as internal nuances of the executive branch.