Abstract
ABSTRACTAnalysis of Brazil’s political and economic crisis tends to emphasize the economic ‘errors’ that President Dilma Rousseff’s Workers’ Party (PT) government inherited from her predecessor Luíz Inácio Lula da Silva. It is clear, however, that political regulation is too narrow a focus to understand the current crisis. Such an explanation is unable to reveal the changes in class structure that took place during the Lula era as well as the effects of the international economic crisis. This article identifies the limits of the Brazilian development model and the main features of Lula’s mode of regulation; analyses the conflicts produced by the neo-liberal regime of accumulation and the Lulista mode of regulation, emphasizing the role of precarious work in the current historical cycle of strikes and popular struggles in Brazil; and, finally, interprets the palace coup promoted by the social forces behind the impeachment of President Rousseff.
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