Case studies of the impact of economic policy and monetary policy on capital formation in Latin America with partic. Reference to Brazil, Chile and Mexico - examines the economic implications of development policies, in partic. The effects of import substitution and export promotion of export oriented industries on capital accumulation and economic conditions; studies social implications and economic role of international capital flow, implantation of foreign capital and external debt. References, statistical tables.

Through this edited collection, the contributing authors examine the pertinence and actuality of Marx's general law while analyzing past and present issues in political economy in Latin America and beyond.

Focusing on the processes of accumulation, concentration and centralisation of capital, this book explains the transnationalisation of capital and its impact on Latin America and Brazil. The first chapter addresses the logic of these processes from a Marxian perspective. The second chapter shows how this movement of capital expands into some Latin American countries, and how it subsequently retracts in the 1990s process of global centralisation. The third chapter evaluates Latin American strategies to attract capital by taking a subordinate position to capital’s global movement. The last two chapters focus on Brazil's development strategy in the face of the alternating expansion and contraction of capital, and point out the vulnerability of Latin American countries when their development is subordinate to transnational capital. First published in Portuguese as Subordinação consentida: capital multinacional no processo de acumulação da América Latina e Brasil by Annablume Editora/Fapesp in 2006.

Since the 1970s, sociocultural analysis in Latin American studies has been marked by a turn away from problems of political economy. Accumulation and Subjectivity challenges this turn while reconceptualizing the relationship between political economy and the life of the subject. The fourteen essays in this volume show that, in order to understand the dynamics governing the extraction of wealth under contemporary capitalism, we also need to consider the collective subjects implied in this operation at an institutional, juridical, moral, and psychic level. More than merely setting the scene for social and political struggle, Accumulation and Subjectivity reveals Latin America to be a cauldron for thought for a critique of political economy and radical political change beyond its borders. Combining reflections on political philosophy, intellectual history, narrative, law, and film from the colonial period to the present, it provides a new conceptual vocabulary rooted in the material specificity of the region and, for this very reason, potentially translatable to other historical contexts. This collection will be of interest to scholars of Marxism, Latin American literary and cultural studies, and the intellectual history of the left.

This is the second and final volume of a collection of studies on the role of the state in capital accumulation in Latin America. Volume One included a general historical and conceptual introduction and case studies of Brazil, Chile and Mexico. The present volume covers the remaining countries of South America (with the exception of Paraguay). Together, the ten countries examined in the two volumes represent 89% of the Latin American population and 94% of the continent's GDP.

“One of the definite merits of this book is to cleverly mix a theoretical breakthrough with a meticulous historical and empirical account of the transformations of some key Latin American countries. First, it is at the frontier of a research agenda initiated back to the end of the 1970s, second it clearly distinguishes between an ideal-type approach and the complexity of any specific national configuration and its transformation in history. Furthermore, the author provides decisive arguments against a pure economic determinism too frequently supposed to govern institutions building and reforms. Last but not least, the book culminates by an impressive analysis of the crises that quite any Latin America society experiences at the end the 2010s.” -Robert Boyer, Institut des Amériques, Paris, France. This book defends the idea that there are significant structural and institutional differences between the countries in Latin America. Building off the results of a four-year research project, Bizberg argues against the idea that in Latin America there is one single type of capitalism—a hierarchical one—that is entangled in a vicious cycle. Rather, there are clusters of countries that have had similar historical trajectories, analogous structures, or comparable reactions to changes to the world economy, but have not all followed the same mode of development. Just as analysts have found a variety of capitalisms in developed countries, it is possible to identify the emergence of different types of capitalism in Latin America since the 1980s debt crisis. These varieties of capitalism are defined according to categories—including the articulation to the world economy, the role of the State, the structure of the political system and the action of civil society—which give rise to distinct wage relations, comprising the industrial relations system and the welfare regime.