BOPE ELITE SQUAD BLOG
From OpenDemocracy: The arena of dispute was quickly occupied by three clear, distinct
positions. Taken together, in the way that they work to polarize opinion rather
than to build consensus on the urgent social issues that Brazil faces, they
well represent how politics in Brazil is currently being conducted.
The first position praises Bope as the country's
finest. This elite really is an elite. The film contrasts the professional
standards of Bope's officers from (for example) Rio's military police, depicted as lazy, fat, corrupt and
inefficient, whose commanders would dump bodies in each other's zones of
responsibility to avoid the bureaucratic headache of having dead people in your
The second position condemns Bope's moral
corruption and blames the film for eulogizing (by means of a "fascist" [Arnaldo Bloch] or at least "irresponsible" aesthetic) a
violent and deviant institution.
The third position blames the Brazilian
people, who have been morally corrupted after decades of rule by amoral
institutions such as Bope. It is pointless to blame Bope or the film: Tropa de elite is an artistic depiction
of a true reality.
Brazil's Booming Economy Is Creating 19 'Millionaires' Every Day
Another factor accounting for the rising tide of millionaires are
high executive and banker salaries, which Morales said often beat those
paid in the US. He noted it’s common for Brazilian investment bankers to
make a $539,000 ($1m reais) annual bonus these days while CEOs can make
an average of $75,000 a year.
According to other bankers, Brazil’s booming real-estate industry has
also generated huge wealth as property values have doubled in recent
years and are poised to increase further, especially in Rio de Janerio,
as the city girds up to host the 2014 World Cup and the 2016 Olympics.
Individuals with a net worth ranging from $539,000 – $2.7 million
($1m-$5m reais) make up the bulk of the new millionaires, Morales said,
adding that most private banks tend to individuals whose net worth falls
below $5.4 million ($10m reais).
“I think that this trend will continue for the next three years but I
don’t see it lasting forever. After all, there is a limit to
everything,” Morales noted.
Brazil’s economy has been growing at an annual average of 5% in
recent years and is predicted to maintain that pace in the medium term.
However, some economists have warned that the country’s economy could
overheat as inflation rises to unsustainable levels.
Updated 4/2013 Last year Sao Paulo was home to 1,880 individuals with net assets of $30
million or more according to Wealth Report 2013 published by Wealth-X, a
Singapore-based wealth intelligence firm. The report adds that by the
year 2022 the number will jump to 4,556 that is also a reflection of
resource-rich Brazil’s soaring prosperity.