By James Petras
Introduction
January 10, 2019 "Information Clearing House"
- The US embraces a regime doomed to failure and threatens the world’s most dynamic economy. President Trump has lauded Brazil’s newly elected President Jair Bolsonaro and promises to promote close economic, political, social and cultural ties. In contrast the Trump regime is committed to dismantling China’s growth model, imposing harsh and pervasive sanctions, and promoting the division and fragmentation of greater China.Washington’s choice of allies and enemies is based on a narrow conception of short-term advantage and strategic losses.
In this paper we will discuss the reasons why the US-Brazilian relation fits in with Washington’s pursuit for global domination and why Washington fears the dynamic growth and challenge of an independent and competitive China.
Brazil in Search of a Patron
Brazil’s President, Jair Bolsonaro from day one, has announced a program to reverse nearly a century of state directed economic growth. He has announced the privatizationof the entirepublic sector, including the strategic finance, banking, minerals, infrastructure, transport, energy and manufacturing activities. Moreover, the sellout has prioritized the centrality of foreign multi-national corporations. Previous authoritarian civilian and military regimes protected nationalized firms as part of tripartite alliances which included foreign, state and domestic private enterprises.
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