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If this was the case nowhere outside the US would have significant industry. Australia, UK and EU would be wastelands with no opportunity.

This is a drastic oversimplication, and blame game. There are plenty of internal problems with Brazil preventing industry. Taking just one -- Corruption is a significant damper on economic opportunity.

The book "Why Nations Fail" has some amazing insights into why corruption amongst other things has a massive impact on dampening opporunities. The TLDR is that you need confidence of a level playing field, that your hard work won't be taken away from you.

Brazil rates very badly on the global corruption perception index[0], 36/100 compared to say Australia at 75/100 and Germany at 78/100.

It is the OECD[1] view that corruption is one of the significant limiting factors on Economic growth and opportunity within Brazil.

This[2] gov.uk page has some fantastic reading about the problems with doing business with Brazil. You need look no further than this for the things that will need to be solved if you want Brazil to be competitive on the world stage.

This is just one factor amongst many.

  - [0]: https://www.transparency.org/en/countries/brazil
  - [1]: https://www.oecd.org/policy-briefs/brazil-strengthening-integrity-for-sustainable-growth.pdf
  - [2]: https://www.gov.uk/government/publications/overseas-business-risk-brazil/overseas-business-risk-brazil

[duda10]

Always the accusation we are doing something wrong. Industrial espionage, outright "selective" prosecution of corruption cases against national companies while sidelining foreign companies who did the same things, forced assimilation/buyout of our rare startups are always ignored. Suspicious cases where governments are simply "removed" in impeachments due to not having favourable foreign policy to the US or economic policies which are developmentalist and not of the non-interventionist kind not considered in the analysis. This is exactly what our local media says, which gives us two options

1- You are right and reality is simply reproduced in distinct social stratums around the world

2- Something doesn`t adds up.

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Don't get me wrong the US absolutely misbehaves. China misbehaves. Russia misbehaves. Europe is suffering from Russian and Chinese industrial espionage, Australia has definitely been the target of Chinese espionage. (Leaving the Ukraine war to the side for the purposes of this discussion)

Brexit is almost certainly linked to Russian influence. The difference is Australia, UK and Australia have strong institutions and firm anti-corruption mechanisms.

Brazil can't succeed until it deals with it's internal problems. Media that blames everyone but internal problems is just serving interests that would prefer the people to look elsewhere.