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This Brazilian Economist Once Marched for Socialism, But Became a Free-Market Hero
Foundation for Economic Education ^ | April 12, 2018 | Rafael Ribeiro

Posted on 04/26/2018 6:48:24 PM PDT by arderkrag

Nothing is so contagious as example; and we never do any great good or evil which does not produce its like. — Francois de la Rochefoucauld (1613-1680).

Heroes for liberty are not particular to any region of the world or to a particular time period or to one sex. They hail from all nationalities, races, faiths, and creeds. They inspire others to a noble and universal cause—that all people should be free to live their lives in peace so long as they do no harm to the equal rights of others. They are passionate not solely for their own liberty, but for that of others as well.

----Snip----

Though he was still a self-proclaimed “pragmatic democratic nationalist,” he was a critical thinker who learned from experience and reality. His views matured in the direction of an ever-greater appreciation of freedom and free markets. In fact, he eventually resigned because of increasing government intervention in the economy and then served as Brazilian ambassador to the United States and the United Kingdom.

Later, in the mid-1980s, as Brazil was transitioning from a military regime to a multi-party democracy, Campos joined a newly-formed party and ran successfully for Senate from his native state of Mato Grosso. He served an eight-year term, and then, in 1991, he was elected as Congressman for the state of Rio de Janeiro, serving for two legislative sessions.

In Congress, Campos fought against the nationalization of companies and often reminded his fellow Congressmen of what the role of government should be. He declared, “We will only be saved when we cease to have a state-run capitalism and have, at last, free-market capitalism.”

(Excerpt) Read more at fee.org ...


TOPICS: Heated Discussion
KEYWORDS: 2late; brazil; capitalism; economics; socialism
Long article, so have an excerpt.
1 posted on 04/26/2018 6:48:24 PM PDT by arderkrag
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To: arderkrag

Great article.


2 posted on 04/26/2018 7:17:44 PM PDT by JmyBryan
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