Growth and Change in Neoliberal Capitalism brings together selected essays written by Alfredo Saad-Filho, one of the most prominent Marxist political economists today. This book offers a rich analysis of long-term economic development in the current stage of capitalism, the new relations of dependence between countries, the prospects for poor countries, and the progressive alternatives to neoliberalism. The volume also provides a detailed set of studies of the political economy of Brazil, tracking its achievements, tragedies, contradictions and limitations.
Alfredo Saad-Filho is a Professor at Kingâs College London. He is the author of Value and Crisis (Brill, 2019) and co-author of Brazil: Neoliberalism versus Democracy (Pluto, 2017) and Marxâs Capital (Pluto, 2016), and numerous works on Marxist political economy, neoliberalism, democracy, and alternative economic policies.
âAcknowledgements
âList of Tables and Figures
âIntroduction
â1Political Economy and Development
â2The Political Economy of Brazil
Part 1:
â1Moving beyond the Washington Consensus: pro-poor Macroeconomic Policies
â1Introduction
â2Policy Principles and Constraints
â3Pro-poor Macroeconomic Policy Instruments
â4Conclusion
â2Addressing Growth, Poverty and Inequality: from the Washington Consensus to Inclusive Growth
â1Introduction
â2Early Poverty Debates
â3The Washington Consensus
â4The Post-Washington Consensus
â5The Pro-poor Policy Debates
â6Policy Shift at the World Bank?
â7Inclusive Growth and Its Limitations
â8Conclusion
â3The âRise of the Southâ and the Troubles of Global Convergence
â1Long-term Patterns of Growth
â2Development in the Age of Neoliberalism
â3Convergence after the Crisis
â4Drivers of Convergence
â5Decoupling at Last?
â6Conclusion
â4Resource Curses, Diseases and Other Confusions
â1Introduction
â2Curses and Diseases
â3Analytics of the Dutch Disease
â4Economic Policy beyond Diseases and Curses
â5Conclusion
â5The Rise and Fall of Structuralism and Dependency Theory
â1Latin American ISI
â2Structuralism
â3Critiques of Structuralism
â4Dependency Theory
â5Critiques of Dependency Theory
â6Conclusion
â6The Political Economy of Neoliberalism in Latin America
â1ISI and Its Limits
â2The Neoliberal Transition
â3The Impact of Neoliberalism
â4Conclusion
â7The Seeds of Disaster: socialism, Agrarian Transition and Civil War in Mozambique
â1Introduction
â2Independence, Crisis, and the Collectivisation of Agriculture
â3Modernist Marxism and the Mozambican Revolution
â4Peasant Resistance
â5Conclusion: Peasant Resistance and the Collapse of Collective Agriculture
Part 2:
â8The Costs of Neomonetarism and the Brazilian Economy in the 1990s
â1Introduction
â2Neomonetarist Perspectives
â3Neomonetarism in Brazil
â4Growth and Crisis
â5Industrial Restructuring
â6Fiscal and Financial Crisis
â7Currency Crisis
â8Conclusion
â9Inflation and Stabilisation in Brazil
â1Conflict, Money and Inflation
â2Inflation and Monetary Crisis in Brazil
â3The Real Plan
â4Vulnerability of the Real
â5Conclusion
â10Neoliberalism in Lulaâs Brazil: strategic Choice, Economic Inevitability or Schizophrenia?
â1Introduction
â2The Losersâ Alliance
â3Lulaâs Neoliberal Shift
â4The Economic Stranglehold of Neoliberalism
â5âLeft Neoliberalâ Economic Policy
â6Policy Schizophrenia
â7The 2004 Local Elections
â8Conclusion
â11Neodevelopmentalism and Economic Policy-making under Dilma Rousseff
â1Introduction
â2The Emergence of Neodevelopmentalism
â3Implementing Neodevelopmentalist Policies
â4The Impact of Neodevelopmentalism
â5Conclusion
â12Mass Protests in Brazil: the Events of June-July 2013
â1Introduction
â2The Events of June-July
â3Sobering Lessons
â4Conclusion
â13Development Strategies and Social Change in Brazil
â1Introduction
â2From Import-substitution to Neoliberalism
â3The Bourgeoisie
â4The Working Class
â5The Informal Proletariat
â6The Middle Class
â7The Lumpenisation of Politics and the Facebookisation of Protest
â8Conclusion
â14Social Policy for Neoliberalism:the Bolsa FamÃlia Programme
â1Introduction
â2Poverty, Inequality and Social Policy in Brazil
â3Social Policy under Neoliberalism: the Irresistible Rise of Bolsa FamÃlia
â4Limitations of PBF
â5Gains beyond Social Policy
â6Moving Forward
â7Conclusion
â15The Travails of the PT and Rise of the âNew-Rightâ in Brazil
â1Lula I
â2Lula II
â3Dilma Rousseff I
â4Dilma Rousseff II
â5The Brazilian âNew Rightâ and Its Limitations
â6Conclusion
â16State and Power in Brazil
â1The Power Bloc
â2Political Forces
â3The Political Regime
â4Contradictions in the State Bureaucracy
â5Conclusion
â17Brazilian Democracy Confronts Authoritarian Neoliberalism
â1Introduction
â2Global Shifts
â3Cycles of the Left
â4Authoritarian Neoliberalism in Practice
â5Conclusion
â18Varieties of Neoliberalism in Brazil, 2003â2020
â1Introduction
â2From Modes of Production to Systems of Accumulation
â3The Main SoAs in Brazil
â4The Case of Neoliberalism
â5The Neodevelopmentalist Alternative
â6Neoliberalism in Brazil
â7Conclusion
âReferences
âIndex
Academics and researchers working on political economy of development and on Brazil, students of political economy and development, and anyone seeking a firm grounding on the critique of neoliberalism.