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The Free Fall of Equilibrium: Examining The Social Justice of Rio de Janeiro’s Urban Development in Developing Strong Institutions

Author

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  • Sood, Garvit Sood

Abstract

When I first looked at the Rio de Janeiro Olympics, my brain struggled to reconcile the official success story with the reality on the ground—my epistemic beliefs nudged me toward the feeling that the situation was amiss. This led me to uncover a deeper strategy behind Rio’s selection, exploring the political resentment that has simmered since the city lost its status as Brazil’s capital in 1960. Using my metaphor "The Free Fall of Equilibrium," I juxtapose the idea of a "free fall"—where short-term political plays cause a sharp long-term downrise—with "equilibrium," which requires a focus on stability and just principles. By examining the irony of jailed governors, Olympic bribe schemes, and the symbolic "orange" abandoned pools, I argue that Rio’s approach was not just destabilizing for the city, but for the collective nation. Ultimately, this research explores a fundamental question: is it the individual or the collective who holds the most influence? By evaluating these failures against SDG 16, I show that when institutions prioritize personal beliefs over collective ones, they inevitably collapse under their own weight.

Suggested Citation

  • Sood, Garvit Sood, 2026. "The Free Fall of Equilibrium: Examining The Social Justice of Rio de Janeiro’s Urban Development in Developing Strong Institutions," MPRA Paper 129017, University Library of Munich, Germany, revised 07 May 2026.
  • Handle: RePEc:pra:mprapa:129017
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    JEL classification:

    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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