Lula wants Petrobras “returned to the people”. We know what that means

For a claque of supporters in Paraná, former president Lula fired against his main opponents, against Congress and against real and imaginary privatizations, citing by name Petrobras and Correios, which never got off the ground. At 76, Lula wants to resurrect ideological clashes from the times of the Cold War while raising anti-democratic and Chavista banners such as “regulating the media”.

Without the slightest ceremony, the former president says that Petrobras will be “returned to the people”. Brazil knows exactly what this means for the PT member, who spent 580 days in prison due to decisions linked to some of the biggest scandals in the country’s history and overturned by technicalities that never (and could not) deny the crimes committed.

Lula also counts on the leniency of part of the electorate, as in the latest survey by Genial/Quaest published last week in which 54% of those who think he was rightfully convicted will vote for him anyway, a result that speaks more about us as a nation than than about the processes themselves.

Companies like Petrobras have shares listed on the stock exchange and are already, in the technical sense of the term, “public”. With open capital and strict and modern governance rules, a large company is truly public when it participates in the stock market and can be transparently controlled by investors who trade its shares.

State companies whose control is exercised with an iron fist by governments will always be an invitation to corruption, patronage and all kinds of favors and cronyism with the friends of those in charge.

Lula’s electoral strategy, by appealing to very ideological and controversial arguments, is clear: to throw the center and center-right voters into the lap of President Bolsonaro, the opponent of his dreams and whose 2018 clash was postponed to this year.

By wearing the MST cap, Lula wants to put left versus right, or what he and many of his generation understand by these concepts, at the center of the debate, taking even more relevance away from the so-called third way postulants, which is dying in the polls.

Source: CNN Brasil

You may also like

Former Gambia dictators
World
Flora

Former Gambia dictators

Sometimes Gambia Armed Forces officer was convicted Friday to serve over 67 years in prison by US justice for torture