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The article explores the development in Brazil after Luis Inázio da Silva, Lula, gained power a year ago. This vast and resourceful country, with its 182 million inhabitants, has experienced an immense growth over the last century. The welfare gap is however equally large. The richest percent of the population has an income equal to that of the poorest half. Brazil now puts her faith in President Lula, who vows to redistribute the country's wealth through a national compromise and a new corporate community contract: He wants support from all sectors and classes. Lula's 'new rhythm' - the bossa nova - represents a Latin American third way, reflecting considerable knowledge of the post-war 'Nordic model'. Reprinted by permission of Norwegian Institute of International Affairs