After staging his second coup in Brazil in 1938, Vargas firmly established

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After his second coup in Brazil in 1938, Vargas established the "New State" (Estado Novo) which was a corporatist dictatorship with strong centralized power and state intervention in the economy. This system was characterized by a state-run economy, authoritarianism, and suppression of political opposition. It did not advocate for specific economic policies such as "demand side" or "supply side" economics, or mercantilism.

After Staging His Second Coup in Brazil in 1938, Vargas