“The return of the entrepreneurial state”.
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Photo by Adriano Machado/Cruso
The history of Brazil’s entrepreneurial state is a portrait of the ills we see today, says Felipe Hermes in his column. Crusoe.
“In short, we return to the unusual scenario of 2015when in the midst of a fiscal crisis the govt dilemma even cut such social programs My home, my lifeup to 85%.
At the same time, the government has maintained BUNDES An equity portfolio worth R$100 billion. The government, which demanded sacrifices, such as increasing the time required to apply for unemployment benefits from 6 months to 12 months, manipulated the stock market.
This scenario has good reason to happen in 2023. The new government is already marking tax increases to cover new spending and falling revenues.’
