By Bryan Pitts – NACLA – 04/09/2015

Reading the English-language press these days, one could be forgiven for thinking that Brazil is in the throes of a democratic uprising against a singularly corrupt government, a politically incompetent president, and a floundering economy. Since late last year, the center-left Worker’s Party (PT) government headed by President Dilma Rousseff has been rocked by an ever-widening scandal involving over-inflated contracts and kickbacks to government-allied politicians at the state-owned oil giant Petrobrás. Indignant PT militants—rather than lamenting corruption in a party that once ran on its anti-corruption credentials—have tended to attack the media for highlighting PT corruption after ignoring abuses during the 1995-2002 administration of Fernando Henrique Cardoso, as well as similar scandals in state governments controlled by the opposition Party of Brazilian Social Democracy (PSDB).

In part due to the collapse of Petrobrás’s stock, down 67% since the start of September, the Brazilian…