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The Brazilian working class debt and the manipulative capitalism

Abstract

The article aims at approaching the Brazilian workers´ debt and the proposal for "financial education". The numbers related to the debt are impacting if they are compared with the statistics from the last century. In 2014 the Financial Stability Report (Relatório de Estabilidade Financeira - REF), a biannual publication of Banco Central do Brasil (Bacen), presented a families´ debt rate of 45.5% in December, 2013. The "financial education" rises as a strategic ideology of the financial capitalism in order to manipulate consumption and to control the risks of default.

Keywords:
Debt; Financial education; Manipulative capitalism

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