Brazilian Revolution of 1930 about the 1934 Constitution on the 10th anniversary of the 1930 Revolution (November 11, 1940), Vargas said that it was: From the 1937 Constitution, the authoritarian centralized regime (known as the Vargas Era) stimulated the expansion of urban activities and shifted the axis of productivity from agriculture to industry, laying the foundations of modern Brazil's economy. Vargas summarized the Revolution of 1930 and its 15 years of governance, on Labor Day in 1945, in a speech in Rio de Janeiro, by saying: Three former ministers of Getúlio Vargas were later elected to the Presidency: Eurico Dutra, João Goulart and Tancredo
Miguel Vargas on 13 December 2011 for $15 million, well above the equity amount Vargas said owning earlier this year, although the offered guarantees were previously rejected by the management of the Bank Valuations. Members of his party insinuated that the loan, which was approved in eleven days, would be related to Vargas Maldonado's refusal to participate in favor of the party's presidential candidate Hipólito Mejía in the election campaign 2012. He is currently president of the PRD. He is also president of the "Socialist International for Latin America and the Caribbean" and, since 2013, vice president of the International Socialist worldwide.