Miguel Borba de Sa: In his book, The Road To Serfdom the Austrian economist Friedrich Hayek wrote that there are two areas that one cannot leave to the competitive principle: transport and the environment. Brazil’s bourgeoisie consistently fails to understand this. In the last ten years transportation has become a lucrative business for the Brazilian elite and local government officials. Enterprises and corporations bid for local routes and lines. Local government officials cosy up to the bus companies for benefits. Here in Brazil, transport costs cut into workers’ wages far more than other utilities such as electricity or water. Fares have risen faster than inflation. An average workers’ wage is 650 Brazilian real. A bus ticket is 2 real. This private-public relationship has broken down. - See more at: jacobinmag/2013/06/a-brazilian-autumn/#sthash.3ctYKUjM.dpuf
Posted on: Fri, 21 Jun 2013 20:58:37 +0000
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