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The Intellectual Origins of the Global Financial Crisis$
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Roger Berkowitz and Taun N. Toay

Print publication date: 2012

Print ISBN-13: 9780823249602

Published to Fordham Scholarship Online: January 2013

DOI: 10.5422/fordham/9780823249602.001.0001

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Brazil as a Model?

Brazil as a Model?

Chapter:
(p.83) Seven Brazil as a Model?
Source:
The Intellectual Origins of the Global Financial Crisis
Author(s):

Alexander R. Bazelow

Publisher:
Fordham University Press
DOI:10.5422/fordham/9780823249602.003.0008

This chapter discusses the movie Twelve Hours to Midnight— How Brazil Has Responded to the Global Financial Crisis, a documentary about how a country emerges from an economic crisis and ultimately redeems itself. Above all, it is the story of five men, Oded Grajew, Helio Mattar, Paulo Itacarambi, Ricardo Young, and Raymundo Magliano, who helped found the corporate social responsibility movement and later the Instituto Ethos in Brazil. It is a documentary about what happens to a country when it realizes it has hit “rock bottom” and has no choice but to face traditionally repressed realities and begin the long hard road to reforming itself. In short, it is where this conference should end, rather than begin, and I think it is also a fitting tribute to Hannah Arendt, the thinker whose ideas inform and inspire it.

Keywords:   Brazil, Twelve Hours to Midnight How Brazil Has Responded to the Global Financial Crisis—Film, Hannah Arendt Center, Ms. Simone Mathaei, Dr. Wolgang Heuer, Crisis of global capitalism, George Soros, Subprime Mortages, Oded Grajew, Raymundo Magliano, Instituto Ethos

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