ERIC Number: EJ698987
Record Type: Journal
Publication Date: 2005-Jun
Reference Count: N/A
Brazil: The Lula Government and Financial Globalization
Bianchi, Alvaro; Braga, Ruy
Social Forces, v83 n4 p1745-1762 Jun 2005
The electoral victory of Lu?s In?cio "Lula" da Silva in the presidential elections of 2002 epitomized two decades of social and political transformations in Brazil. Nevertheless, instead of launching an alternative mode of doing politics, the program of the Workers' Party affirmed a state logic with a view to gradually updating the economic structure of Brazilian capitalism by means of successive transitions directed by the state, avoiding the active intervention of the subaltern classes in this process. In this logic are inscribed fiscal discipline, social security reform, and giving value to private pension funds. Such funds established a bridge that makes viable the organic alliance of a union bureaucracy, now the manager of these funds, and globalized financial capital.
Descriptors: Global Approach, Foreign Countries, Elections, Financial Policy, Retirement Benefits, Politics, Social Change, Political Attitudes
University of North Carolina Press, 116 South Boundary Street, P.O. Box 2288, Chapel Hill, NC 27515-2288. Tel: 919-966-3561; Fax: 919-966-3829.
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Authoring Institution: N/A
Identifiers - Location: Brazil
Identifiers - Laws, Policies, & Programs: Social Security