this post was submitted on 24 Sep 2023
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It's ripe for some good old neoliberal shock therapy and mass privatization.
BlackRock be like
Dude, I'm going to show you how to get rich with this simple trick:
step 1: find a dependent capitalist country and destabilize its government
step 2: find a way to destroy it's public infrastructure. Just coopt a local comprador class and defund everything, but if all else fails just start a war.
And so on.
Poor fucks are gonna get it twice in 30 years.
Well, I'm Brazilian so I can tell you: they'll do it as many times as we allow them.
Since the 90s we had at least three neoliberal waves in Brazil with mass privatization and austerity measures, punctuated by center-left periods of "it's ok to enrich banks but let's at least guarantee that people can eat" periods.