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Neoliberalism, Democracy and Economic Policy in Brazil

In: Political Economy of Brazil

Author

Listed:
  • Alfredo Saad-Filho

    (University of London)

Abstract

The presidential election of Luiz Inácio Lula da Silva, the leader of the Brazilian Workers’ Party (Partido dos Trabalhadores, PT) in 2002 was considered by many commentators to have been an important victory for the Brazilian working class.1 Lula’s election was also claimed to have been one of the most important achievements of the international left in this generation, and evidence of the decline of neoliberalism in Latin America. However, Lula’s administration has bitterly disappointed many of his supporters in Brazil and abroad, and it has accelerated the fragmentation of the Brazilian left. Several high profile petistas subsequently abandoned the party, and scores of members have expressed their dissatisfaction with the alleged ethical and political degeneration of the PT. In their view, the PT has pursued the same neoliberal macroeconomic policies that it previously scorned, and that characterized the administration led by the ex-Marxist sociologist Fernando Henrique Cardoso.

Suggested Citation

  • Alfredo Saad-Filho, 2007. "Neoliberalism, Democracy and Economic Policy in Brazil," Palgrave Macmillan Books, in: Philip Arestis & Alfredo Saad-Filho (ed.), Political Economy of Brazil, chapter 2, pages 7-23, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-39010-2_2
    DOI: 10.1057/9780230390102_2
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    Cited by:

    1. Judit Ricz, 2015. "Towards a new model of state-led development in Brazil (?)," IWE Working Papers 215, Institute for World Economics - Centre for Economic and Regional Studies.
    2. Judit Ricz, 2017. "New developmentalist experiments in Brazil and Egypt - a comparative study," IWE Working Papers 227, Institute for World Economics - Centre for Economic and Regional Studies.

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