Growth and change in neoliberal capitalism : : essays on the political economy of late development / / by Alfredo Saad-Filho.

Growth and Change in Neoliberal Capitalism brings together selected essays written by Alfredo Saad-Filho, one of the most prominent Marxist political economists today. This book offers a rich analysis of long-term economic development in the current stage of capitalism, the new relations of dependen...

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Bibliographic Details
Superior document:Studies in Critical Social Sciences ; 174
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Place / Publishing House:Leiden, The Netherlands ;, Boston : : Brill,, [2021]
©2021
Year of Publication:2021
Language:English
Series:Studies in Critical Social Sciences ; 174.
Physical Description:1 online resource.
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Table of Contents:
  • ACKNOWLEDGEMENTS
  • LIST OF TABLES AND FIGURES
  • INTRODUCTION
  • Political Economy and Development
  • The Political Economy of Brazil
  • Part 1: Essays on Economic Development
  • ESSAYS
  • 1: Moving Beyond the Washington Consensus: Pro-Poor Macroeconomic Policies
  • Introduction
  • Policy Principles and Constraints
  • Pro-Poor Macroeconomic Policy Instruments
  • Growth and Investment
  • Fiscal Policy and Public Investment
  • Employment and Productivity
  • The External Sector
  • Social Programmes
  • Conclusion
  • 2: Addressing Growth, Poverty and Inequality: From the Washington Consensus to Inclusive Growth
  • Introduction
  • Early Poverty Debates
  • The Washington Consensus
  • The Post-Washington Consensus
  • The Pro-Poor Policy Debates
  • Policy Shift at the World Bank?
  • Inclusive Growth and its Limitations
  • Conclusion
  • 3: The 'Rise of the South' and the Troubles of Global Convergence
  • Long-Term Patterns of Growth
  • Development in the Age of Neoliberalism
  • Convergence after the Crisis
  • Drivers of Convergence
  • Global Trade and Production Networks
  • Beyond 'Flying Geese'
  • Industrial Policy and Manufacturing Growth
  • Decoupling at Last?
  • Conclusion
  • 4: Resource Curses, Diseases and Other Confusions
  • Introduction
  • Curses and Diseases
  • The Hypotheses
  • Weaknesses of the 'Resource Curse' Hypothesis
  • What Needs Explaining?
  • Analytics of the Dutch Disease
  • The Disease as Such
  • Reviewing the Model
  • Economic Policy beyond Diseases and Curses
  • Balance of Payments Management
  • Exchange Rate Policy
  • Fiscal Policy
  • Monetary and Financial Policy
  • Industrial and Employment Policy
  • Conclusion
  • 5: The Rise and Fall of Structuralism and Dependency Theory
  • Latin American ISI
  • Structuralism
  • Principles
  • Structuralist Economic Policies
  • Critiques of Structuralism
  • The Neoclassical Critique
  • The Left Critique
  • Dependency Theory
  • Intellectual Sources and Features
  • Critiques of Dependency Theory
  • Structuralism
  • Monopoly Capital
  • Conclusion
  • 6: The Political Economy of Neoliberalism in Latin America
  • ISI and its Limits
  • The Neoliberal Transition
  • The Impact of Neoliberalism
  • Conclusion
  • 7: The Seeds of Disaster: Socialism, Agrarian Transition and Civil War in Mozambique
  • Introduction
  • Independence, Crisis, and the Collectivisation of Agriculture
  • The Peasantry and Colonial Agriculture
  • Independence and the Collectivisation of Agriculture
  • Modernist Marxism and the Mozambican Revolution
  • Modernist Marxism: An Overview
  • Modernist Marxism and the Transformation of Mozambican Agriculture
  • Peasant Resistance
  • Collective Agriculture: An Overview
  • Land Conflicts
  • Income Conflicts
  • Labour Conflicts
  • Conclusion: Peasant Resistance and the Collapse of Collective Agriculture
  • Part 2: Essays on the Political Economy of Development in Brazil
  • 8: The Costs of Neomonetarism and the Brazilian Economy in the 1990s
  • Introduction
  • Neomonetarist Perspectives
  • Neomonetarism in Brazil
  • Growth and Crisis
  • Industrial Restructuring
  • Fiscal and Financial Crisis
  • Currency Crisis
  • Conclusion
  • 9: Inflation and Stabilisation in Brazil
  • Conflict, Money and Inflation
  • Conflict Inflation
  • Extra Money Inflation
  • Currency Reproduction and Fragmentation
  • Inflation and Monetary Crisis in Brazil
  • Conflict Inflation in Brazil
  • Extra Money Inflation and Currency Fragmentation
  • The Real Plan
  • Curbing High Inflation
  • Shift and Repression of the Distributive Conflict and Limits to the Creation of Extra Money
  • Vulnerability of the Real
  • Conclusion
  • 10: Neoliberalism in Lula's Brazil: Strategic Choice, Economic Inevitability or Schizophrenia?
  • Introduction
  • The Losers' Alliance
  • Lula's Neoliberal Shift
  • The Economic Stranglehold of Neoliberalism
  • 'Left Neoliberal' Economic Policy
  • Policy Schizophrenia
  • The 2004 Local Elections
  • Conclusion
  • 11: Neodevelopmentalism and Economic Policy-Making under Dilma Rousseff
  • Introduction
  • The Emergence of Neodevelopmentalism
  • Implementing Neodevelopmentalist Policies
  • The Impact of Neodevelopmentalism
  • Conclusion
  • 12: Mass Protests in Brazil: The Events of June-July 2013
  • Introduction
  • The Events of June-July
  • Sobering Lessons
  • (2) The social and political isolation of the government:
  • Conclusion
  • 13: Development Strategies and Social Change in Brazil
  • Introduction
  • From Import-Substitution to Neoliberalism
  • The Bourgeoisie
  • The Working Class
  • The Informal Proletariat
  • The Middle Class
  • The Lumpenisation of Politics and the Facebookisation of Protest
  • Conclusion
  • 14: Social Policy for Neoliberalism: The Bolsa Família Programme
  • Introduction
  • Poverty, Inequality and Social Policy in Brazil
  • Social Policy under Neoliberalism: The Irresistible Rise of Bolsa Família
  • Limitations of PBF
  • Gains beyond Social Policy
  • Moving Forward
  • Conclusion
  • 15: The Travails of the PT and R ise of the 'New-Right' in Brazil
  • Lula I
  • Lula II
  • Dilma Rousseff I
  • Dilma Rousseff II
  • The Brazilian 'New Right' and its Limitations
  • Conclusion
  • 16: State and Power in Brazil
  • The Power Bloc
  • Political Forces
  • The Political Regime
  • Contradictions in the State Bureaucracy
  • The Brazilian Development Bank, Petrobras, and the Internal Bougeoisie
  • The Judiciary, the Internationalised Bourgeoisie, and the Upper Middle Class
  • Conclusion
  • 17: Brazilian Democracy Confronts Authoritarian Neoliberalism
  • Introduction
  • Global Shifts
  • Cycles of the Left
  • Authoritarian Neoliberalism in Practice
  • Conclusion
  • 18: Varieties of Neoliberalism in Brazil, 2003-2020
  • Introduction
  • From Modes of Production to Systems of Accumulation
  • The Main SoAs in Brazil
  • The Case of Neoliberalism
  • The Neodevelopmentalist Alternative
  • Neoliberalism in Brazil
  • The Economic Transition to Neoliberalism
  • Inclusive Neoliberalism
  • Developmental Neoliberalism under Lula
  • Developmental Neoliberalism under Dilma Rousseff
  • Authoritarian Neoliberalism
  • Conclusion
  • REFERENCES
  • INDEX
  • .