Americanism, The new framework of Science, Technology and Innovation: sequestrum of the public fund by financial capital

Abstract

This article proposes to carry out an analysis on the context of the financialization of science produced in Brazil enhanced by the new Legal Framework of Science, Technology and Innovation (Law nº 13.243/2016). With the ambitious expectation of the de bureaucracy of innovation and research activities in the country, the new rules through law promote the approximation of scientific institutions and centers in an attempt to boost investment in research. However, with globalized and mercantilized science, the national public fund is hijacked in order to maintain the hegemony of financial capital. To this end, our analysis focuses on the understanding of the regulatory laws that affect CT&I and the reflection on the mercantilization of the knowledge produced to supply the world economy.