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In The Politics of Public Debt Daniel Bin analyzes how fiscal and monetary policies and the administration of public debt related to class, labor, and democracy during the period of neoliberal financialization in Brazil. Sustained by state action, the politico-economic context allowed the establishment of a macroeconomic framework that favored finance capital. It was characterized by the expropriation of workers’ incomes through a system involving public debt and taxation, capable of deepening labor exploitation. Decisions about public debt and related policies are analyzed in terms of their implications for economic democracy. The book raises the hypothesis that the 2016 coup within the Brazilian capitalist state sought to overthrow the political forces that were no longer able to administer this model.
The 59th annual volume of the Socialist Register examines the growth of corporate power and other important organizational trends in global capitalism. Rejecting such notions as “stakeholder capitalism,” it reviews the organization and strategies of unions and the left as it searches for new routes to socialism.
This book focuses on changing political thought in twentieth-century Brazil.
This book explores the emergence of a new developmental state in Latin America and its significance for law and development theory. In Brazil since 2000, emerging forms of state activism, including a new industrial policy and a robust social policy, differ from both classic developmental state and neoliberal approaches. They favor a strong state and a strong market, employ public-private partnerships, seek to reduce inequality, and embrace the global economy. Case studies of state activism and law in Brazil show new roles emerging for legal institutions. They describe how the national development bank uses law in innovation promotion, trade law strengthens new developmental policies in export promotion and public health, and social law frames innovative poverty-relief programs that reduce inequality and stimulate demand. Contrasting Brazilian experience with Colombia and Mexico, the book underscores the unique features of Brazil's trajectory and the importance of this experience for understanding the role of law in development today.
This book explores key economic problems and new policies for the global economy of the 21st century. The contributors discuss to what extent past policy errors were due to the incompetence of policymakers, and highlight problems including: international payments imbalances and currency crises, volatile security markets, inflation, achieving full employment, income distribution and alleviating individuals and nations of poverty.
In The Shifting Ground of Globalization, Thiago Aguiar describes the transformation of the Brazilian mining company into a Transnational Corporation and its consequences for workers, communities, and the environment in the first decades of the twenty-first century.
Transformations in Cuban art, literature and culture in the post-Fidel era Cuba has been in a state of massive transformation over the past decade, with its historic resumption of diplomatic relations with the United States only the latest development. While the political leadership has changed direction, other forces have taken hold. The environment is under threat, and the culture feels the strain of new forms of consumption. Planet/Cuba examines how art and literature have responded to a new moment, one both more globalized and less exceptional; more concerned with local quotidian worries than international alliances; more threatened by the depredations of planetary capitalism and climate change than by the vagaries of the nation's government. Rachel Price examines a fascinating array of artists and writers who are tracing a new socio-cultural map of the island.
Today the Left faces new challenges from political forces amassing on the radical right. The 52nd volume of the Socialist Register presents a serious calibration and a careful political mapping of these forces. It addresses pivotal questions on the reordering of the new right. These essays - very broad in terms of themes and places - speak to the global challenges the new right poses for the left at this historical moment. * What is the nature of the right's populism, nationalism and militarism? * What is the social base and organizational strength and range of far right political forces? * To what extent are they influencing mainstream parties and opinion? * How have they penetrated state institutions?* What role do state security services and police forces play?* Does our political situation today require comparison with 1930s Fascism? * How should the left respond to defend democratic and human rights?
This volume brings together original and timely writings by internationally renowned scholars that reflect on the current trajectories of global capitalism and, in the light of these, consider likely, possible or desirable futures. It offers theory-informed writing that contextualizes empirical research on current world-historic events and trends with an eye towards realizing a future of human, social and economic betterment.