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Brazilian Economic Policy Populism can be viewed as the attempt to redistribute income to the poor-or atleast the politically organized of the poor- without regard to economic constraints. Its distinguishing characteristic is its attempt to expand beyond economic constraints. Populism had been strong in the pre-1964 government and had been suppressed for a while until 1974, populist voices began to be heard again. Populism was popular with the military government again. One of the military regimes contributions was its support for professional managers, engineers, and economists who became more dominant policymakers. Populists however delivered far less than they promised. Their failure was partly rooted in their failure to recognize that their resources were limited. Brazilian Economic Populism before 1985 Populism played an important role in the time of Getulio Vargas. Vargas´s rise gave rise to three political parties, Partido Trabalhista Brasileiro (PTB or the Brazilian Labor Party), Social democratic Party, and the National...

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