CartaCapital was created as a monthly magazine in 1994 by Mino Carta,[3]anItalo-Brazilian journalist. In 1968, Carta founded Brazil's leading newsmagazine Veja alongside Victor Civita. Eight years later, he founded IstoÉ, another popular newsmagazine. Unsatisfied with the result of the magazines he helped to create, Carta founded CartaCapital as an alternative to these. CartaCapital is noted for its small crew; it only has eleven journalists.
The magazine was published on a monthly until 1996 when its frequency was switched to biweekly.[3] Its frequency was changed to weekly in 2002. The magazine is known for supporting causes in a biased way, such as Luiz Inácio Lula da Silva's both candidatures, the legalization of abortion in all cases, the maintenance of the current age of criminal responsibility and the extraditionofCesare Battisti to Italy, among other polemic issues. Carta argues that the magazine does it to avoid hiding in a curtain of impartiality and not being honest to its readers.
The magazine openly supported Dilma Rousseff's government, although the article in which Mino Carta put and explained his position was later removed without notice.[4]
CartaCapital also publishes an educational magazine titled Carta na Escola on a monthly basis. It is dedicated to teachers, advising them on how to discuss the news with their students.