Novo regime fiscal no Brasil: um reforço à lógica da financeirização?

Abstract

Considering the change in the system of accumulation – financialization – this essay aims to investigate how such phenomenon may have influenced Brazilian legislative production. It is assumed that the approval of Constitutional Amendment no. 95 emerged as a way for the Brazilian State to guarantee the payment of public debt service to creditors, deepening the financialization of Brazilian economy. According to Bercovici (2010) in the legal sphere, the critique towards political economy must be carried out from the perspective of economic law understood as a political economy of the legal form capable of providing an understanding of the social and theoretical origin of normative texts. Deductive reasoning is also used (LAKATOS, 2003, p. 90-94) using the premise that the financialization process influenced the approval of the New Fiscal Regime. The concepts of financialization, neoliberalism and austerity, are discussed, aiming to search for the reasons that had led to the approval of the New Fiscal Regime. Finally, it is concluded that the New Tax Regime represents the legal form of financial valuation to the detriment of social rights.