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Enio Verri

Brazilian Director-General of Itaipu Binacional

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Whom or what should I turn to?

The recipe for pleasing our lord god, the Market, is passed on to a largely depoliticized society by a press interested in the spoils of the coup. The major media outlets hide from Brazilians the consequences of the liberalizing policies of the 1990s.

Temer (Photo: Enio Verri)

Schools of Economics have different theories on how to pull a country out of an economic crisis. However, before the economic aspect comes the political will. The coup-plotting and sell-out ministry opted for the liberalizing policies of the Washington Consensus, which advocates for the reduction or even the absence of the State. This policy is driven by the most petty and truculent elite in the Americas. Minimally decent working conditions have been suppressed, most of the population will not retire, and Brazilian wealth and companies are being handed over to the interests of the nations at the center of power.

The recipe for pleasing our lord god Market is passed on to a largely depoliticized society by a press interested in the spoils of the coup. The major media outlets hide from Brazilians the consequences of the liberalizing policies of the 1990s. Brazil experienced the result of this recipe at the end of the eight years of the PSDB (Brazilian Social Democracy Party) governments, when hundreds of people died daily of hunger, after part of Brazilian assets were handed over to foreign capital for next to nothing.
The notorious coup-installed Finance Minister, Henrique Meirelles, adopts the same liberalizing policy whose benefits are perceived by 20% of the population. Brazil is under a coup d'état, the result of a consortium between part of the powers of the Republic, the press, and the elite. There is no one to turn to, only to fight against the attacks on the country's sovereignty, which compromise its capacity for development and will affect the lives of 200 million people.

One of the world's largest oil companies, Petrobras, is being dismantled and scrapped to be handed over to international interests. The first step was to remove the oil company's status as the exclusive operator of the pre-salt reserves, Brazil's greatest oil wealth. This was the winning ticket to Brazil's development, as former President Luiz Inácio Lula da Silva spoke of in 2008 when he announced R$ 65 billion in investments in the pre-salt reserves by 2012.

Temer's measure earned him a visit from the CEO of Shell, to sign an agreement by which the Norwegian state-owned oil company gained the right to explore the pre-salt layer. Also in 2016, Temer and his cronies handed over the Carcará Field in the Santos Basin to the Norwegian company Statoli for R$ 2,5 billion, when it was worth at least R$ 20 billion. Petrobras is divesting itself of strategic tools. In addition to privatizing 90% of its gas transportation network, Temer opened up technological knowledge developed over decades to Shell, through a technical cooperation agreement. This knowledge had earned Petrobras the status of world champion in oil exploration and production in ultra-deep waters. It is the technological development built with the sweat and blood of Brazilians that is being opened up to other countries.

The Eletrobras System is another fundamental tool for the country's sovereignty, which is being handed over to the development of other nations. The detrimental press fails to explain that the interests of the Brazilian people will be subordinated to the interests of corporations.
Whether private or not, from other countries. Brazil is exempt from implementing strategies for its development as a sovereign and proud nation. Less developed regions will feel the consequences of privatization more acutely, since only the State makes investments where there is no immediate profitability.

Banco do Brasil is undergoing a restructuring process with a view to privatization. The pro-coup press neither reports nor explains to the public what it means for the process to be conducted by a contracted consultancy, without bidding, one of whose members on its Board of Directors is the then-president of the Itaú Unibanco holding company and current president of the Board of Directors of the Brazilian Federation of Banks (Febraban), Pedro Moreira Salles.

These and 34 other companies, strategic to the self-determination of a nation's intended development model—some vital to sovereignty—are being handed over to national and international private capital, often speculative, with the acquiescence and participation of the Powers and the full support of an elitist press, disconnected by choice from national reality. If there is no Power to whom to complain, we are left with no choice but to act.

In this sense, it is urgent that workers occupy their unions, demand from their leaders a reaction commensurate with the attacks of the owners of the means of production, and pledge support for deliberate actions in defense of the working class. Students should do the same in their academic centers; the faithful in their churches; neighbors in their streets and neighborhoods; and families. In the fight against the coup, one of our worst enemies is the press that supports it. We are lagging behind in civil disobedience.

* This is an opinion article, the responsibility of the author, and does not reflect the opinion of Brasil 247.