IDEAS home Printed from https://ideas.repec.org/a/sae/reorpe/v42y2010i3p363-372.html
   My bibliography  Save this article

Brazil in the Crisis of the Finance-Led Regime of Accumulation

Author

Listed:
  • Leda Maria Paulani

    (University of São Paulo (USO), São Paulo, Brazil, paulani@uol.com.br)

Abstract

Capitalism has undergone drastic transformations over the last thirty years. Among critics, theses about the financial nature of the process of accumulation have been prominent. One of these is the theory by French economist François Chesnais (1998, 2005) whose main proposition is that, as of the late 1970s, capitalism would be reproducing itself by means of an accumulation regime in which financial valorization prevails. In this article, I attempt to show that the current crisis is a crisis of this regime of accumulation, and to reflect upon the situation and prospects for Brazil in this context. JEL classification: B51; G01; E01

Suggested Citation

  • Leda Maria Paulani, 2010. "Brazil in the Crisis of the Finance-Led Regime of Accumulation," Review of Radical Political Economics, Union for Radical Political Economics, vol. 42(3), pages 363-372, September.
  • Handle: RePEc:sae:reorpe:v:42:y:2010:i:3:p:363-372
    as

    Download full text from publisher

    File URL: http://rrp.sagepub.com/content/42/3/363.abstract
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    regime of accumulation; financialization; crisis; fictitious capital; Brazilian economy;
    All these keywords.

    JEL classification:

    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • G01 - Financial Economics - - General - - - Financial Crises
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:reorpe:v:42:y:2010:i:3:p:363-372. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.urpe.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.