The collapse of the international left has become so obvious that even the New York Times can’t ignore it. A recent headline noted the pro-business tidal wave sweeping South America, where each of the ABC countries—Argentina, Brazil and now Chile—recently rejected socialist parties that once dominated their politics.

Meanwhile, the Times turned heart-breaking attention on the starvation and destitution afflicting oil-rich Venezuela, following insane Marxist experiments by populist demagogue Hugo Chavez and his inept successor, Nicholas Maduro.

Around the world, leftists are becoming increasingly irrelevant—in Germany, France and the Netherlands, Socialists had their worst showings since World War II and Italy and Spain are shifting in the same direction. In Israel, the left-center Labor Party hasn’t held power for 17 years and won less than 20 percent of the vote two years ago.

It’s not just the United States where business bashing and big bureaucracies have begun to go out of style.