The Brasilia consensus

By Pedro Augusto Pinho 

In November 1989, bureaucrats from financial organizations located in Washington, D.C., the capital of the United States of America (USA), such as the International Monetary Fund (IMF), the World Bank (WB), and the U.S. Treasury Department, based on work by an employee of the private organization "International Institute for Economics," drafted a ten-point plan for empowering stateless finance, which they named the "Washington Consensus." 

Since then, the world has plunged into more than a dozen financial crises, colonial wars, economic contraction, unemployment, and epidemics that, over the last 33 years, have caused death and misery in all countries that follow its guidelines. 

On Monday, December 12, 2022, the Superior Electoral Court (TSE), in Brasília, capital of the Federative Republic of Brazil, will certify Luiz Inácio Lula da Silva as President of the country. 

Apprehensive about the pressure exerted by stateless financial institutions on the leader elected by Brazilians and his government team—forces that have been spreading desolation throughout the world for over three decades—the signatory, who has the advantage over the organizers of the Washington Consensus of not having a boss, having been retired for a quarter of a century, decides to publicize the “Brasília Consensus,” so that Brazil may once again achieve development for all, peace, employment, income that allows for a dignified life, and the permanent fight against diseases, epidemics, poverty, hunger, ignorance, lies, and fallacies, serving as an example for nations that are at war and in a state of misery. 

Brasilia Consensus 

1 – The responsibility of national power is to all the people of its country, not to the segment that lives off speculation with real or virtual prices and values. 

2 – Government spending should be directed primarily towards the overall development of the country, especially towards job creation. 

3 – The national currency is representative of the country's sovereignty; therefore, interest rates and exchange rates should be set in accordance with the national interest and never at the whim of international speculators. 

4 – The prices of goods should be related to the costs of production and not to any shortages or speculative actions, the latter being the duty of the State to combat. 

5 – Taxes should be levied primarily on income and luxury real estate, and not on essential consumer goods. 

6 – Tax revenues should, in principle, meet the needs of the State in all its geographical representations; however, the National State may issue currency for investments that promote the integral development of the Nation and the well-being of the people. 

7 – With each change of government, whether national, state, or municipal, an audit of the debt must be carried out so that the incoming government has a complete understanding of what it will find. This audit must be conducted by a Brazilian non-profit organization. 

8 – No Brazilian natural heritage, whether mineral, aquifer, primary energy source, forest, border and coastal lands, rivers, or lakes, may be owned by a non-resident of Brazil; the State, its natural owner, must have a complete and up-to-date record and registry of any changes. 

9 – State-owned companies and institutions in the areas of national security, communication and data transmission, public security, energy and mineral production, finance and banking, control of the use of rivers and lakes, and educational, research and registration institutions for national cultural manifestations, health and scientific research are indispensable to the integral development of the Nation and cannot be alienated to third parties, even nationals residing in the Country, as this is a matter of public interest and a duty of the State. 

10 – The State shall ensure the legal security of activities carried out in the country and protect them from predatory competition aimed at eliminating them or reducing their growth. 

No responsibility for the payment of debts without prior auditing; the responsibility of those in power lies with the well-being and common good of all the Brazilian people.