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Eduardo Porter on how extremes are dangerous- populist policies failed to help the very people they were intended to help in Brazil, just as populist mortgage policy and extremes of free market deregulation hurt the American middle and working class
05/03/2016
Eduardo Porter of the NYT reflects on what happened in Brazil in chaos after soaring popularity of Lula as long as the commodities boom lasted, with no real foundations. The extremes of populist policies and of free markets without mindfulness of the risks can be dangerous to the livelihoods of the vast majority of people in the Americas. As Brazil struggles, Mexico with the opposite model struggles from lack of good management, Argentina emerges from decades of experimenting with extremes in either direction, and the U.S. mulls over its future direction in the general election of 2016, there is a moral for the Americas extremes without mindfulness are dangerous. Cruz and Sanders offer different versions of direction. Cruz and Sanders a version of policies too far in one direction, Trump channeling anger but lacking any clear statement of policy. The fate of nations and peoples hangs in the balance- needed is mindfulness and thoughtfulness in taking the path forward, clear of illusions that it will be easy going forward from mistakes in the past.
Grouped Articles
Populist Policies Let Brazil’s Tomorrow Slip Away
New York Times 05.03.2016
Brazil Workers’ Party, Leaders ‘Intoxicated by Power,’ Falls From Grace
New York Times 05.12.2016
What Donald Trump Learned From Joseph McCarthy’s Right-Hand Man
The New York Times 06.20.2016
US election: Anger over Donald Trump gun rights remarks - BBC News
BBC News 08.10.2016
Brazil Police Recommend Ex-President’s Indictment on New Corruption Charges
WSJ 10.05.2016
Donald Trump Takes Conciliatory Tone at Postelection Rallies
WSJ 12.16.2016
Brazil’s Lula da Silva Indicted for Alleged Corruption, Money Laundering
WSJ 12.19.2016
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