Estado e financeirização dependente no Brasil : implicações das debêntures de infraestrutura

Abstract

Critical debates have been growing in recent decades that problematize the relationships between nature, society, and economy, with emphasis on the energy transition and financial logic. From this perspective, this paper aims to discuss reconfigurations of the State in the deepening of financialization, which assumes a dependent character in Brazil, investigating the implications of infrastructure debentures. To achieve this, a selection of national and international specialized literature was conducted, as well as the collection and analysis of secondary documentary data. Therefore, based on the discussion carried out, it is understood that the consolidation of neoliberal policies reconfigures the meanings of Brazilian State financing in the material infrastructure sector, through the issuance of debentures, reducing the role of BNDES and increasing the protagonism of private financial agents in the Brazilian energy transition, subordinating local natural and built spaces to the demands of globalized financial accumulation.