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Such a waste on a great subject. There's this huge social and economic change in Brazil over the last 10 or so years where dozens of millions of people are acc
by lbrito 5y ago
Such a waste on a great subject.
There's this huge social and economic change in Brazil over the last 10 or so years where dozens of millions of people are acceding to the digital world; broadband (usually 4G) access to the internet is becoming part of their daily lives. This has huge consequences and tons of opportunity. Nubank is a quick example I can think of that knew how to take advantage of this movement and is now a billion-dollar company expanding through all Latam.
But no, instead they decide to spotlight game streamers.
- frozenlettuce 5y agoas someone who had a previous carreer in journalism (and also happen to be a Brazilian as well), the media will always portrait the country in a way to make it seem "exotic" in order to gain more attention. that's why you will _never_ see news articles about boring countryside towns
- nopenopenopeno 5y agoThis article is obviously propaganda meant to counter the headlines about the Worker’s Party leading in the polls. The working people of Brazil have suffered tremendously under Bolsanaro’s neoliberal government and Lula (Worker’s Party candidate who Bolsanaro imprisoned for 2 years on bogus charges) has a big lead. After the recent socialist victories in Chile and Bolivia (following the U.S.-assisted coup), western states will do everything they can to prevent the Worker’s Party from retaking power in Brazil. Expect more of this and other hi-jinx as the Fall election nears. It’s going to be a messy one. https://youtube.com/watch?v=MJm08zHWaKA https://youtube.com/watch?v=MJm08zHWaKA
- vmception 5y agobut just because you don't respect game streamers doesn't mean that it doesn't have huge consequences and opportunities too. the people doing that have income and access to capital now whether a bank showed up or not, which is way better than any neobank fintech company can achieve. in the past, access to capital or electronic payments meant "bank the unbanked", now it doesn't mean that so there's no reason to cling to that goal.
- lbrito 5y agoSorry, but this has nothing to do with whether I respect streamers or not. Streamers produce entertainment. That's fine, I'm all for entertainment -- I pay for Netflix, for instance. But it is just entertainment. You can't have a strong economy based on producing entertainment alone. We need jobs that produce real-life value at some point. In other words, kudos to the dude in the favela making money out of streaming, good for him. It's just _not_ something that can be scaled and applied to the millions of people living in favelas that need a good job (or any job really).
- aaron695 5y ago> We need jobs that produce real-life value at some point. China did fine gold farming for a decade, I wouldn't dismiss this off hand. Equally Nubank looks very interesting, thanks for pointing it out.
- nopenopenopeno 5y agoThis article is obviously propaganda meant to counter the headlines about the Worker’s Party leading in the polls. The working people of Brazil have suffered tremendously under Bolsanaro’s neoliberal government and Lula (Worker’s Party candidate who Bolsanaro imprisoned for 2 years on bogus charges) has a big lead. After the recent socialist victories in Chile and Bolivia (following the U.S.-assisted coup), western states will do everything they can to prevent the Worker’s Party from retaking power in Brazil. Expect more of this and other hi-jinx as the Fall election nears. It’s going to be a messy one. https://youtube.com/watch?v=MJm08zHWaKA https://youtube.com/watch?v=MJm08zHWaKA
- bigodbiel 5y agoI’m pretty sure the liberal west would rather see Lula instead of Bolsonaro (who is Latin America’s Trump!). And besides it was not Bolsonaro who was behind the massive corruption scheme organized by the Workers Party (I mean either mensalao or have another sitting duck government, so it’s always lose-lose, but that’s beside the point). between Lula and Kirchner, I’d rather have YOLO Bukele!
- lbrito 5y ago>between Lula and Kirchner, I’d rather have YOLO Bukele! So you support dictators and are anti-Lula. Why am I not surprised?
- sudosysgen 5y agoWhat makes you think the West would have Lula over Bolsonaro? I come from a country ruled by a literal monarchy. That country is on very good terms with many western countries, such as the US. For the countries we aren't on good terms with, it's a question of geopolitics and trade. A few years back there was a wave of revolutions in the area, that were touted as liberal (a lot of them really weren't). Oddly enough, there was little media attention, no agitation, and no support to that movement when it came to our country, even though we are even worse as a literal monarchy (in theory we have elections - they don't matter, think China but worse). So it seems clear to me that the West will align with whoever is going to give better deals economically and geopolitically. In Brazil that's clearly Bolsonaro over Lula. And of course there is plenty of corruption in Brazil. You can't root out corruption at the ballot box. It doesn't work like that.