Political Risk Latin America Blog @PolRiskLatam

A lesson in Brazilian politics

Posted in News and Articles, Political Risk by politicalrisklatam on March 21, 2011

by Andrew Downie for Financial Times – Beyond Brics, March 21st, 2011.

Gilberto Kassab, mayor of São Paulo, started a new political party this weekend. Ho hum. Yawn.

Kassab abandoned the right-wing Democratic Party and started the Social Democratic Party, or PSD (not to be confused with the Brazilian Social Democratic Party – or PSDB – of former President Fernando Henrique Cardoso).

Like most Brazilian political parties, Kassab’s PSD seems to have no clear ideology other than to gain power and milk it for all it’s worth.

The move is largely irrelevant were it not to underline how the opposition has fallen apart since last October when the Workers’ Party won the presidency for the third time in a row.

Today, the PSDB is in disarray, the DEM’s losing support, and the PMDB, the biggest and vaguest party in the country, has done what it always does and firmly aligned itself with the winners. (continue reading… )



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