After capitalism, democratic managerialism

2021. Rentier capistalists don't command capital accumulation and innovation. Managers do that. Neoliberal capitalism is changing into a managerial capitalism, while democracy is checking the threat represented by right-wing populism.  RAE - Revista de Administração de Empresas, 61 (3), 2021: 1-11 Portuguese version available

Brazil's quasi-stagnation and East-Asia growth: a new developmental explanation

2021. From the 1980s, Brazil quasi-stagnated while East-Asia continued to grow. What went wrong? (Paper in Economic Dynamics and Structural Change)

Three basic social classes in contemporary capitalism

2021. This essay draws in several previous papers.

The Organizational Revolution and the managerial class

Chapter 5 of the book being written, After Capitalim, Democratic Managerialism, June 2021

Phases of capitalist development

2021. The Industrial Revolution made capital the dominant production relation in entrepreneurs' capitalism; the Second Industrial Revolution and the associated organizational revolution promoted the shift from the strategic factor of production of capital to technical and administrative knowledge and made the emergence of the managerial class a definitive historical phenomenon. (Chapter of book being written)

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A democracia não está morrendo. Foi o neoliberalismo que fracassou.

2020. In rich countries, the authoritarian character of right-wing populism does not mean that democracy is dying. It is a reaction to neoliberalism which in the last 40 years didn't improve the sort of the white lower middle-class.  (Lua Nova-Revista de Cultura Política) English version available.

Democracy is not dying. It was neoliberalism that failed

2020. In rich countries, the authoritarian character of right-wing populism does not mean that democracy is dying. It is a reaction to neoliberalism which in the last 40 years didn't improve the sort of the white lower middle-class.  Portuguese version available.

La convergencia de Corea del Sur y China: un análisis neo-desarrollista

Paper. With Elias Jabbour and Luiz Fernando de Paula.

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Do liberal policy regimes condemn Latin America to quasi-stagnation?

2021. The liberal policy regime is incompatible with growth in Latin America. (Paper with Carmem Feijó and Eliane de Araújo to be published in Oxford Handbook on Secular Stagnation).
Working paper EESP/FGV 541, February 2021.

Brasil: efectos del Covid-19 y recuperación

2020. The poor outcomes of the Brazilian government in fighting the health and economic problems associated to Covid-19 when compared with Argentina and France. (Paper in Revista de la CEPAL). Published also in Portuguese.

Liberal US, developmental China

2021. Around 1980 China made the right choice of economic policy regime (developmentalism) and the US, the wrong choice. This is one of the reasons for the US losing gradually hegemony to China. (Chapter of a book being written)

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Financiamento da Covid-19, inflação e restrição fiscal

2020. Many rich countries are financing the huge Covid-19 expenditures by monetary emission. Brazil should have done the same. Portuguese version available. (Paper: Brazilian journal of Political Economy) English version available

Brasil: impactos do Covid-19 e recuperação

Este artigo examina os impactos do Covid-19 sobre a população e a economia brasileira. Published also in Spanish.

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Financing Covid-19, Inflation and the Fiscal Constraint

2020. Many rich countries are financing the huge Covid-19 expenditures by monetary emission.  (Paper, Forum for Social Economics) Portuguese version available

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Does the liberal policy regime condemn Latin America to quasi-stagnation?

(2022) With Carmem Feijó and Eliane Araújo. Yes, it is, because liberals ignore the Dutch disease, recommend growth with "foreign savings", etc. 

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Teorias do Estado e teoria novo-desenvolvimentista

2020. A survey of the main theories of the state - republican, organic, constractualist, Marxist, etc. including the new-developmental theory of the state. (Paper in Dados)

Novo Desenvolvimentismo - Um segundo momento do estruturalismo Latino-Americano

2020 - In the 2000s, New Developmentalism is a second moment of the Latin American Structuralism, which faced crisis since the 1970s. Actualised conference given when I received the title of Doctor Honoris Cause by the University of Buenos Aires, 18 October 2011.