Will Brazil Vote For Change? Incumbent Struggles To Win Over Socialists

October 9, 2014 11:49 PM

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Brazil has done it before. They’ve voted for change and sent incumbent parties packing their bags. For instance, after a successful 8 year run in the Presidential Palace of Brasilia, the Social Democrats were ousted at long last by their only real rival, Workers’ Party strongman Luiz Inacio Lula da Silva.

Lula won on frustration over the Washington Consensus (remember that?), the International Monetary Fund, and foreign markets in general, which were then perceived by many as dictating how Brazil should run its business.

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