Redefining the Role of the Bourgeoisie in Dependent Capitalist Development
Some Critical Comments
Bibliographic Data
| ID | 4500836 |
|---|---|
| Authors | Alfredo Saad-Filho, Alfredo Saad Filho (0000-0002-6625-2273, corresponding author) |
| Year | 1998 |
| Volume | 25 |
| Issue | 1 |
| Pages | 192-197 |
| Publication date | 1998-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Latin American Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0094-582X • E-ISSN: 1552-678X |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0094582x9802500113 |
| OpenAlex | W1993181894 |
| Language | EN |
| Citations received | 2 |
| References cited | 4 |
In a recent article, Geisa Maria Rocha (1994: 73) examines privatization and liberalization in Brazil in an attempt bring back dependency theory as a framework for explaining outcomes of growth strategies recommended by liberal neoclassical/modernization paradigm in its current guise of neoliberalism. Rocha's argument is based on a review of Brazilian foreign debt crisis and its links with privatization program. She advances two main propositions: that Brazil's neoliberal experiment is leading to new reliance on external flows of capital and its contradictions: extreme social and economic inequalities, perpetual financial dependence, monopolization, denationalization and deindustrialization and that the policy reforms do not constitute a shift in growth strategy, being aimed simply at further internationalizing country and thus 'perfecting' dependent development, with its inherent vulnerability to external economy and its severe restriction of local control over national economic policy-making. This is a laudable effort. It is opportune as well, for nothing better symbolizes challenges facing dependency school than trajectory of one of its brightest champions, Brazilian president Fernando Henrique Cardoso. While his writings retain much of their original appeal and are widely quoted in Rocha's study, Cardoso himself has become a God-fearing neoliberal politician.' His government has followed most orthodox economic policies since 1920s, leading even former finance minister Delfim Netto (whose record Rocha discusses) to reprimand Cardoso's economic team for its excessive radicalism. Attempts to provide a credible dependency alternative face difficult theoretical and empirical challenges. Rocha's article, while cogent and inspiring, leaves much to be desired on both counts. Rocha makes a promising
Bourgeoisie · Economic system · Economics · Market economy · Political economy · Political science · Politics · Sociology · Economic Theory and Policy · Law
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,5 |
| Citation span | 2022 - 2023 (2) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |