World View – Brazil: no victory for the workers
The October 27 presidential election victory in Brazil of Luiz Inácio Lula da Silva, popularly called Lula, is a perfect example of how leftwing governments are no threat to capitalism. Lula’s so-called Workers’ Party emerged from the rank-and-file union movement but, according to 1992 Nobel Laureate in Economy, Gary Becker, “has moved toward the center and accepts many of the tenets of free-market liberalism” (“Long Live Free Markets,” Brazil magazine, Politics section, October 2002).
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