dilma

Dilma Rousseff was re-elected after a tight race against Aécio Neves by 51.64% to 48.36%, respectively. These percentages would indicate a clear division amongst the Brazilian population. Mrs. Rousseff struggled in obtaining votes from the southeastern states, such as São Paulo, which accounts for a third of Brazil’s GDP (The Economist, 2014). While it cannot be denied that  President Rousseff needs to make some vital changes to her administration to improve Brazil’s annual economic growth and reduce its international credit, her leftist policies are what is right for the country. After having a rough first term, with low economic growth and an increasing inflation Aécio Neves was proposing to redirect the country into a neo-liberalist agenda, something Brazil does not need.

As viewed by Marx the occurrence of neoliberisation within a society will simply cause more hardship and poverty (Harvey, 2007). It focuses on the belief, that there is a ‘circuit of capitalism’ in which the foundation is class struggle in order to create surplus value-profit- (Burnham, 2010). The idea of neoliberalisation as being successful in the view of David Harvey would be in only empowering an economic elite (2007).This view reinforces Marx’s argument that capital will create opposing poles of rich and poor (Van der Pijl, 2009).

Luckily majority of Brazilian’s reject the neo-liberal ideals and recognise the improvements made to the country through more socialist policies. When the Workers Party (PT) first came into power 12 years ago Brazil witnessed a drastic improvement. Government focus was on economic growth and social well being. The Institute of Applied Economic Research reported that Bolsa família reduced 28% of poverty reduction from 2002 to 2012 (2013). The decrease of poverty from 41% of the population in 2001 to 25% in 2009 has caused for an emerging middle class that consists of 52% of Brazil’s population (Pezzini, M. 2012). Nevertheless, Mrs. Rousseff’s government needs to make some changes to keep Brazil on the right track but Brazil’s rejection of neo-liberalism is one step in the right direction.

 

Luisa H Castro

 

Bibliography

Burnham, P.. (2010). Class, Capital and Crisis: A Return to Fundamentals. Political Studies Review. [online]. 8 (1), 1-27. Available at: http://onlinelibrary.wiley.com.ezproxy.mdx.ac.uk/doi/10.1111/j.1478-9302.2009.00204.x/full. [Accessed on 18 November 2014].

Instituto de Pesquísa Econômica Aplicada (2013). Programa Bolsa Família uma década de inclusão social. Available at: http://www.ipea.gov.br/portal/images/stories/PDFs/140321_pbf_sumex_portugues.pdf. [Accessed 22 November 2014].

Harvey, D (2007). A brief history of neoliberalism . [online]. Oxford: Oxford University Press. 5-39. Available at: https://www.dawsonera.com/readonline/9780191536182/startPage/14. [Accessed on 24 November 2014]

Pezzini, M.. (2012). An emerging middle class. Available: http://www.oecdobserver.org/news/fullstory.php/aid/3681/An_emerging_middle_class.html. [Accessed on 20 November 2014].

The Economist (2014). Brazil’s presidential race: By a whisker, more of the same. Vol 411, pp 6-8.

Van der Pijl, K. (2009) From Classical to Global Political Economy: A Survey of Global Political Economy [online]. University of Sussex: Centre for Global Political Economy. Available at:http://www.sussex.ac.uk/ir/documents/091theories.pdf. [Accessed on 16th October 2014]

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