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The “Quadruple Alliance,” 1960s–1990s

In: Tropical Capitalism

Author

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  • Marshall C. Eakin

Abstract

After the 1964 coup d’etat the Brazilian military made industrialization a top priority of the regime. This right-wing, nationalist regime pursued industrialization as a crucial means for making Brazil a “middle power” by the late twentieth century.1 To ensure economic expansion, the State extended its control over vital sectors of the economy, and assiduously courted foreign investment. In the 1970s, the so-called “triple alliance” of state, local, and foreign (multinational) capital emerged as a powerful force in the Brazilian economy.2 The convergence of a technocratic regime bent on industrializing the nation and multinational corporations seeking to establish manufacturing subsidiaries in the Third World produced the so-called Brazilian “miracle” of the late sixties and early seventies.

Suggested Citation

  • Marshall C. Eakin, 2001. "The “Quadruple Alliance,” 1960s–1990s," Palgrave Macmillan Books, in: Tropical Capitalism, chapter 0, pages 129-165, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-08722-5_6
    DOI: 10.1007/978-1-137-08722-5_6
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