Abstract
This editorial perspective attempts to explain the recent rise of Jair Bolsonaro to the presidency in Brazil and to characterise, at least in a preliminary fashion, the nature of the new regime one year into Bolsonaro’s rule. The core argument is that Bolsonaro represents a weak and internally-fragmented far-right regime, with unenthusiastic and declining popular support. Dominant sections of international and domestic capital operating in Brazil lent Bolsonaro electoral backing as a last way out of economic and political crisis, but so far, the new government has failed in sufficiently guaranteeing their most important interests and the markets are withdrawing approval. Themes covered include the political paralysis of the new regime, the social bases of Bolsonarismo, the nature of the current state–capital relation, and the role of evangelical Pentecostalism in far-right Brazilian politics today. A biographical portrait of Bolsonaro is provided, alongside a mapping of the dominant factions of the new administration. Finally, an assessment of the economic outlook in Brazil is developed, together with speculation as to the likely political consequences in the short- to medium-term future.