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Development and Inequality

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  • José Déniz Espinós

Abstract

This article explores some of the greatest contributions of Celso Furtado’s theoretical and analytical study of Latin American economies. The article argues that Furtado’s original vision is firmly anchored in knowledge of the economic and political history of the region and the theoretical debates of his time. The first part of the article studies the interdisciplinary nature of his approach so as to further expose his theory of development and underdevelopment based on two processes closely related to the way in which industrial capitalism and today’s global capitalism have developed. Finally, the article examines his ideas about the expansion of social structure heterogeneity from the viewpoint of the transition to global capitalism and its crises.

Suggested Citation

  • José Déniz Espinós, 2014. "Development and Inequality," International Journal of Political Economy, Taylor & Francis Journals, vol. 43(4), pages 33-43, October.
    • Handle: RePEc:mes:ijpoec:v:43:y:2014:i:4:p:33-43
    DOI: 10.1080/08911916.2014.1002702
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