Fr. 52.50

The Politics of Public Debt - Financialization, Class, and Democracy in Neoliberal Brazil

English · Paperback / Softback

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Description

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This ground-breaking study analyzes the underlying economic realities in Brazil that led to the 2016 coup ousting the Worker 's Party


List of contents

Acknowledgements ix
Preface x
List of Figures xii
Introduction

1The Politics of Financialization

1
Crisis of Accumulation and Reaction of Finance

2
Financial Expansion of the Brazilian Economy

3
Fictitious Capital as a Concrete Social Relation

2Capitalist State and Financial Hegemony

1
Capitalist Economy and Capitalist State

2
Financial Hegemony in the State Apparatus

3
The Class Character of Macroeconomic Policy

3Fiscal Superstructure, Expropriation, and Exploitation

1
The Financialization of Class Exploitation

2
Exploitation beyond Labor Exchange

3
Public Debt, Taxation, and Redistribution of Surpluses

4
Public Debt and the Rise in the Rate of Exploitation

5
State Spending and Appropriation of Income

4Macroeconomic Policy and Economic Democracy

1
Capitalism or Democracy

2
Depoliticization of Economic Policy

3
Selective Bureaucratic Insulation

4
Monetary Expectations and Inducements

5
The Talking Shop of Macroeconomic Policy

6
Economic Democracy and Democratic Socialism
Conclusion
Afterword: The 2016 Coup d 'état
Bibliography
Index

About the author

Daniel Bin is an associate professor at the University of Brasilia. He was a visiting scholar at Yale University and at the University of Wisconsin-Madison. Bin has published on economic policies and their implications for labor and class relations, and more recently on dispossessions of means of subsistence and production.

Summary

This ground-breaking study analyzes the underlying economic realities in Brazil that led to the 2016 coup ousting the Worker 's Party

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