Word: apra
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...Jefe's firebreathing brand of leftist politics soon led APRA into perpetual and sometimes violent conflict with the conservative government, which in its turn carried out in 1932 a rather horrendous massacre of Apristas in Trujillo. By the 1950s, APRA had finally calmed down, and spent the next two decades sucking up to the conservative establishment. But there was a sense that when it gave up on el Jefe's revolt, APRA had sold out, lost its soul...
With the military still leery of APRA, a more moderate politician, Fernando Belaunde Terry of the Accion Popular, came to power. Belaunde is the Herbert Hoover of Peruvian politics--the economy took one look at him and promptly plunged into chaotic inflation. When he messily nationalized an oil company and the exteme left started clearing its throat in the wings, the military threw him out of power and took over themselves...
THEN IT GOT really weird. What you might expect to be the usual sordid rightist military junta actually went on to implement, of all things, an APRA progressive reform agenda. The regime courted the Church, sympathized with the landless peasants, stressed social justice and generally confused the life out of every political scientist in the world. In 1980 the brass realized Peruvians were getting sick of them and returned power to--of all people--the befuddled Belaunde...
Guess what? The economy, still allergic to Belaunde, went blooey again. When the kinder, gentler APRA went head to head with Belaunde in 1985, it thrashed him. APRA's Alan Garcia, a populist who was liked but not as revered as el Jefe had been, campaigned on such perennially crowd-pleasing issues as screwing the International Monetary Fund and not paying off Peru's debts...
Again, as usual, everyone was distinctly unimpressed with the government and the system. Protest voting brought in Fujimoro in an election characterized above all by the rejection of anyone who had ever had anything whatsoever to do with the Lima government, including APRA...