By Kate Kennedy
Brazil is facing intense economic and political turmoil. The current President Dilma Rousseff is accused of fraudulently misrepresenting the budget in order to secure her own re-election. She faces possible impeachment.
Adding to the Brazilian people’s anger is an investigation into the operations of Petrobras, which is a huge, and predominantly state owned, oil company.
The enquiry has resulted in the imprisonment of several construction firm executives who were caught operating as a cartel in order to sign over-priced contracts with Petrobras. A number of politicians have also been accused of accepting bribes including the former President Lula.
With the latest news that a congressional committee has issued a recommendation for the impeachment of Rousseff, the stage is set for a vote on the issue in the Chamber of Deputies. A two-thirds majority is required for it to progress to the Senate.
Impeachment however will not solve the problems faced by Brazil. The capitalist system itself is corrupt and these issues are endemic. The Brazilian people need a genuine political alternative that prioritises the interests of the majority and uses the oil wealth to provide social services instead of lining the pockets of a rich few.
For more news and analysis about Brazil read articles from our sister group, Liberty, Socialism and Revolution here.