The importance of public and private investment in the well-being of new Brazilian generations

Abstract

The State can contribute to make societies based on individual merit, just as it is competent to reduce social inequality through socially oriented public policies (Esping-Andersen, 1990). Although these types of policies exist in Brazil, the country was not able to modify the framework of high economic concentration.  This occurred, in our evaluation, because a liberally inclined welfare state model exists in Brazil, which means that a universally oriented social system does not exist here. The models of welfare States seen throughout the 20th century were not sufficient in Brazil to modify the socio-economic positions of Brazilians, due to the existence of a strong corporativism and physiologism of some professional occupations, whose rights are taken care of by the State, and also because of the high significance of socio-economic origin for social well-being.