The social impact of the Brazilian Stock Exchange: free education, private investment, and fictitious capital
DOI:
https://doi.org/10.5212/PraxEduc.v.21.25899.005Abstract
This article discusses corporate social and environmental impact strategies through the analysis of documents produced by business organizations, with an emphasis on Environmental, Social and Governance (ESG) frameworks aimed at social management. It presents a study of reports published by B3 – Brasil, Bolsa, Balcão [Brazil, Stock Exchange, OTC] – the Brazilian Stock Exchange. Grounded in historical-dialectical materialism, the article develops a critical perspective on the bourgeois initiative to expand social impact investments, reorganizing the spheres of social reproduction through mechanisms internal to capital market practices. The Brazilian Stock Exchange creates sustainability indices, regulates and classifies social action, builds special asset portfolios involving social and environmental issues to attract investors, and plays an active and direct role in social impact investments. The articulations within this chain of social reproduction contribute to understanding the financialization of social services, particularly education.
Keywords: Labor and education. Social impact investments. Environmental, Social and Governance (ESG).
Downloads
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Práxis Educativa
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish in this journal agree with the following terms:
a) Authors keep the copyrights and concede the right of its first publication to the magazine. The work piece must be simultaneously licensed on the Creative Commons Attribution License which allows the paper sharing, and preserves both the author identity and the right of first publication to this magazine.
b) Authors are authorized to assume additional contracts separately, to not-exclusively distribution of the paper version published in this magazine (e.g.: publish in institutional repository or as a book chapter), with the author identity recognition and its first publication in this magazine.
c) Authors are permitted and stimulated to publish and distribute their papers online (e.g.: in institutional repository or on their personal webpage), considering it can generate productive alterations, as well as increase the impact and the quotations of the published paper.
d) This journal provides public access to all its content, as this allows a greater visibility and reach of published articles and reviews. For more information on this approach, visit the Public Knowledge Project, a project that developed this system to improve the academic and public quality of the research, distributing OJS as well as other software to support the publication system of public access to academic sources.
e) The names and e-mail addresses on this site will be used exclusively for the purposes of the journal and are not available for other purposes.
This work is licensed under a Creative Commons Attribution 4.0 International License.
