The Dig Brazil and the World System w/ Fernando Haddad
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Nov 4, 2025 
Fernando Haddad, Brazil's Finance Minister and former mayor of São Paulo, dives deep into the intricacies of Brazilian political economy. He links the neoliberal crisis to the rise of the far right, analyzing past political strategies and the PT's resilience. Haddad advocates a renewed class analysis and discusses Brazil's role in BRICS and global governance. He tackles the challenges of green industrialization, digital monopolies, and the importance of multilateralism, all while balancing practical finance work with his broader socialist vision.
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Neoliberal Crisis Fuels Global Far Right
- The global rise of the far right stems from a worldwide crisis of neoliberalism and the left's failure to offer new alternatives.
- Bolsonaro's rise in Brazil fit local conditions but reflects the same vacuum exploited by right-wing populists elsewhere.
Broad Coalition To Defeat Authoritarianism
- The PT built a broad coalition with democratic center-right forces to defeat Bolsonaro and restore democratic institutions.
- Haddad argues this alliance enabled recovery of social rights while confronting a hostile Congress.
Coup, Car Wash, And The 2018 Campaign
- Haddad recounts the 2016 parliamentary coup that removed Dilma Rousseff and the politicized Operation Car Wash that barred Lula from 2018.
- He ran in Lula's stead and reached the second round with about 45% despite those constraints.
