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2021. Rentier capistalists ceased to command accumulation of capital and innovation. Managers do that. Neoliberal capitalism is changing into a managerial capitalism in which technobureaucrats assumed this role, while democracy is checking the threat represented by right-wing populism.  RAE - Revista de Administração de Empresas, 61 (3), 2021: 1-11. English version available

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)

2019. All industrial revolutions happened in the framework of a developmental state. We can distinguish in history four basic models of developmental state.

2019. Economic growth involves increase of real wages. Which are not detemined by the subsistence level of the workers but from their cost of reproduction that increase with the value-added per capita, while the profit rate remains satisfying - enough to lead companies to invest. Paper (Nova Economia)

2019. The Capitalist Revolution envelops the Commercial Revolution, the formation of the nation-states, and the industrial revolution. England was the first nation to "complete" it. After each country makes the Capitalist Revolution, economic development begins and turns self-sustained. (paper)

2018. An encompassing paper on economic nationalism, its relation to developmentalism. Why it is a condition of growth in a world where nation-states rather compete than cooperate. (Paper in t, Turkish journal. Portuguese version also in this site)

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