Thursday, May 12, 2016

Matias Vernengo — Brazilian coup and US misinformation

Not just about munnie, but rather relative wealth and social hierarchy.

See, for instance:
Nayara Justino thought her dreams had come true when she was selected as the Globeleza carnival queen in 2013 after a public vote on one of Brazil’s biggest TV shows. But some regarded her complexion to be too dark to be an acceptable queen. Nayara and her family wonder what this says about racial roles in modern Brazil.

The Guradian, Barney Lankester-Owen, Bruce Douglas, Charlie Phillips and Juliet Riddell

Dilma was removed for being "too left," and the little people were getting "too uppity." Time to turn the clock back.

Naked Keynesianism
Brazilian coup and US misinformation
Matias Vernengo | Associate Professor of Economics, Bucknell University


Dan Lynch said...

The coup reeks, but at the same time it is difficult to sympathize with Dilma because she governed as a neoliberal. If she had taken care of the economy, this coup would not be happening.

Tom Hickey said...

Maduro did not govern as a neoliberal in Venezuela, and he is under attack by a similar parliamentary ploy.

The chief problem is the downturn in oil price and the resulting downturn in the economy. Brazil's GDP shrunk by almost 4%. Venezuela is in the same boat.

Tom Hickey said...

When the neoliberal cohort owns the country it is difficult to get anything done without them.

Cuba solved the problem by getting rid of them and confiscating their property. They have been agitating ever since to get it back and the US has been backing them.

Calgacus said...

Maduro listened to lunatics who wanted fixed exchange rates. This is an even bigger problem than the oil price, as it distorts everything- and it enriched "the neoliberal cohort" in particular. Not easy to win a war if you're confused enough to ship weapons to the enemy for free.