Wednesday, August 31, 2016

Matias Vernengo — The Mediatic-Parliamentary Coup in Brazil

President Dilma Rousseff was finally toppled down today. Yes, it's a coup, different in nature to the previous ones (last in Brazil was in 1964), but with the same consequences. I have discussed the nature of the process here, here, here, and here (this last more on the economy, from last year) before. It is a coup that has received discrete support from the US government, by the way, as much as the elected neoliberal government of Macri in Argentina (Obama visited the latter, a government that basically tries to vindicate the last and genocidal dictatorship in Argentina).…
Note that the worse that can actually be said, and it was repeated ad nauseamby the opposition, is that she lied during the campaign. And she did. She promised a government against bankers, and for the people, with expansion of social expenditures, and did a u-turn, and delivered the neoliberal policies that the opposition was requesting.…
Naked Keynesianism
The Mediatic-Parliamentary Coup in Brazil
Matias Vernengo | Associate Professor of Economics, Bucknell University

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