Brazil needs more economic freedom, says Millennium Institute CEO

Wagner Lenhar, CEO of the Millennium Institute, recently accepted an interview with BM&C talks, He stressed the need to increase economic freedom in Brazil. Lenhar believed that a country with greater economic and political freedom could achieve higher levels of productivity and quality of life for all citizens.

Similarities between Brazil and the United States

The interview, which coincided with the United States’ Independence Day, provided an opportunity to discuss the lessons Brazil could learn from its neighbor to the north. Lenhar drew important parallels between Brazilian and American independence, emphasizing how economic freedom was a fundamental pillar of American development.

Wagner Lenhar’s profile

The CEO also stressed that he has a solid legal background and legal experience, which he later transitioned into management, and is committed to promoting economic and political freedoms, which he believes are essential for any country to grow and prosper.

Political and economic challenges

The interview also touched on the differences between the Lula and Bolsonaro governments, especially in terms of privatization and state intervention. Lenhar criticized the current government for trying to reverse privatization and intervening in already privatized companies, such as Vale and Petrobras. In addition, he also believed that these actions violated the principles of economic freedom and could harm the country’s development.

The impact of globalization

Lenhar discussed how globalization affects local and global economies. He stressed that the tension between freedom and security is a long-standing issue in society and that it is critical to find a balance that promotes economic growth without sacrificing individual freedom.