The Intelligence from The Economist
The Intelligence from The Economist

Brazil rut: Lula v Bolsonaro, again

September 29, 2026

AI Summary

5 min read

Brazil is heading into a presidential election on October 4th with two deeply unpopular frontrunners: the 81-year-old incumbent Luiz Inácio Lula da Silva and Flávio Bolsonaro, the 45-year-old eldest son of the jailed former president Jair Bolsonaro. As The Economist’s Brazil correspondent Anna Lancas explains, the country is stuck in a “repeating rut,” and the stakes could not be higher. The next president will appoint four of eleven Supreme Court justices, the government is spending far beyond its means, and creditors are growing restive. Meanwhile, Donald Trump has been treating Latin America as his personal playground, and whether Brazil aligns with or against the U.S. will reshape the region’s balance of power.

A choice between two unpalatable options

Neither candidate inspires enthusiasm. Lula, at 81, is the same age Joe Biden was when he dropped his 2024 re-election bid, and many Brazilians fear he will run the economy into the ground. On the other side, Flávio Bolsonaro’s main policy is to pardon his father, who is serving a 27-year sentence for plotting a coup after losing the 2022 election. Flávio denies humans cause climate change and has been investigated for alleged ties to violent criminals. Lancas suggests thinking of the race as “Bernie Sanders versus Donald Trump Jr., except if the younger Trump had links to sicarios.”

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What you'll learn

  • 1 (01:44) **Brazil’s Repeating Rut** - The country is stuck in a repeat of the 2022 presidential election, with the stakes incredibly high for the Supreme Court, the economy, and foreign policy under Trump.
  • 2 (03:04) **The Two Unappealing Choices** - The incumbent, 81-year-old Lula da Silva, faces Flávio Bolsonaro, the 45-year-old son of the jailed former president, in a race neither side is enthusiastic about.
  • 3 (04:18) **The Economic Paradox** - Brazil has vast resources and is the top destination for foreign direct investment among developing countries, yet it faces a severe fiscal crisis.
  • 4 (06:11) **The Corruption Scandal** - A massive corruption scandal involving a playboy banker has engulfed the political class, feeding cynicism and disenchantment among voters.
  • 5 (08:05) **Why No Third Option?** - Both Lula and Bolsonaro have very high vote floors, making it nearly impossible for a third candidate to break through, despite widespread dissatisfaction.
  • 6 (08:38) **A Grim Outlook, But Not Hopeless** - The next president will lack the mandate to confront powerful, corrupt interest groups in Congress, but Brazil’s robust institutions offer some hope.
  • 7 (12:18) **The Glass Front Door Problem** - In many parts of the world, the primary barrier for women isn’t workplace fairness, but being allowed to leave the home at all due to “honor culture.”

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Show Notes

On October 4th, Brazil faces a polarising general election: re-elect the octogenarian incumbent or pick the son of a former president jailed for attempting a coup. In some countries honour culture holds women back from even entering the workplace. And why artists are banning phones from concerts.

Guests and host:

  • Ana Lankes, Brazil correspondent
  • Robert Guest, deputy editor
  • Vicky Jessop, culture writer
  • Rosie Blau, co-host of “The Intelligence”

Topics covered:

  • Brazil, Lula, Bolsonaro
  • Women, honour culture, equality
  • Phone-free, concerts, gigs

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