A "BRIC"-variety of capitalism and social inequality : the case of Brazil

  • The focus of this contribution is on the mode of capitalism within the industrialized sectors of "emerging markets". Particularly in the context of the rise of the BRIC (Brazil, Russia, India and China) this question has gained considerable importance, also for the development of the world economy as a whole. The core question is whether the type of capitalism within these economies is similar to the capitalist variety of the triad, or diverges in more or less permanent ways. The article gives a preliminary answer to this question, by developing a rough sketch of a "BRIC" model of capitalism and illustrating this model with the case of Brazil. In terms of theory, the article extends the Comparative Capitalism (CC) perspective to the BRICs. On the one side, the focus is on the classical questions of CC, i.e. the determinants of economic development and the differences to other types of capitalism, on the other side the relationship between these varieties and social inequality. It argues that the "state-permeated market economies" of the BRICs rely on clans as a mode of social coordination. As demonstrated by the case of Brazil, this type of capitalism can be quite successful, but is based on a highly unequal distribution of economic and political resources.

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Metadaten
Author:Andreas NölkeORCiDGND
URN:urn:nbn:de:hebis:30:3-450668
DOI:https://doi.org/10.21057/repam.v4i1.3441
ISSN:1984-1639
Parent Title (Portuguese):Revista de Estudos e Pesquisas sobre as Américas
Publisher:Universidade de Brasília
Place of publication:Brasília
Document Type:Article
Language:English
Date of Publication (online):2017/11/14
Year of first Publication:2010
Publishing Institution:Universitätsbibliothek Johann Christian Senckenberg
Release Date:2017/11/14
Tag:BRIC; Brazil; Comparative Capitalism; Inequality
Volume:4
Issue:1
Page Number:14
First Page:1
Last Page:14
Note:
Este trabalho está licenciado com uma Licença Creative Commons - Atribuição-NãoComercial 4.0 Internacional.
HeBIS-PPN:430461593
Institutes:Gesellschaftswissenschaften / Gesellschaftswissenschaften
Dewey Decimal Classification:3 Sozialwissenschaften / 32 Politikwissenschaft / 320 Politikwissenschaft
Sammlungen:Universitätspublikationen
Licence (English):License LogoCreative Commons - Namensnennung-Nicht kommerziell 4.0