The presence of central trade unions and unions in the financial marketing: creation and management of pension funds

Abstract

This article addresses the interest of central trade unions and unions for the creation and management of pension funds in Brazil during the Lula government, and points out the reasons and beliefs generated by the union members engaged in this strategy. Our conclusion indicates that until the present time (the end of the Lula government), union funds were not effectively regulated by the government, but union members occupy key positions in the financial market and in managing public pension funds, such as Previ and Petros, directly and indirectly infl uencing the precise configuration of contemporary capitalism in Brazil.