Guedes: Before Bolsonaro, Brazil was a one-armed democracy

247 – The Minister of the Economy, Paulo Guedes, baderted that before the coming to power of Jair Bolsonaro, Brazil "was a one-armed democracy". Defending neo-liberalism in its fullness, Guedes told the Financial Times that "Russia and Brazil certainly had glasnost before perestroika", "policies of openness and political and economic liberalization established in Russia in the mid-1980s. 1980 ". "

In the interview, Guedes defended the hardening of Boslonaro's administration on some points, claiming that" the leftists have "weak" heads and have a good heart. "while" good people have strong heads and … not so good hearted. "" If Bolsonaro is rigorous in his manners, it's only an appearance. It will be hard for the bad guys, "he said." Ideology is the real enemy, "he said." I'm only a scientist doing my job, "he said. he added

FT Guedes pointed out that "Brazil is the eighth largest economy in the world, but the 130th in terms of degree of openness, close to Sudan. ranks 128th in terms of ease of doing business. "The goal, he said, is to halve the country's investment in just four years by cutting costs and revising the code. Byzantine fiscal country;

Guedes, one of Chicago's famous boys, – as reported by economists who adopted the neoliberal thought circulated by the University of Chicago – defended Chile as a model to follow Brazil "I've seen Chile poorer than Cuba and Venezuela today, and Chicago boys have solved this problem." Chile now looks like Switzerland ,

Despite the "Chicago Boys" defense, the neoliberal policy implemented in Chile led to an unemployment rate of 21% of the population in 1983. "That's bullshit," he said. Unemployment was already there, it was only hidden in a destroyed economy ", For FT, however, Guedes' point of view is "controversial".

Read the full interview

                  Source link