Fundo público e capital portador de juros: os dilemas do financiamento da seguridade social no Brasil

Abstract

The objective of this research is to understand the relationship between the public fund and the interest-bearing capital in Brazil, with a particular analysis on the effects produced by this relationship within the Social Security Budget. Social security, constantly threatened by globalized finance, finds its most evident expression in Brazil. To do so, the understanding of interest-bearing capital from Marx will be rescued, as well as the constitution of the public fund in the post-World War II period in order to contextualize the relationship between the two elements. It is, however, from the structural creation of capital and the advance of financial deregulation that the public fund constituted for social protection suffers a severe attack