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

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

Product details

• Authors: Daniel Bin
• Publisher: Ingram Publishers Services
• Languages: English
• Product format: Paperback / Softback
• Released: 03.11.2020
• EAN: 9781642593617
• ISBN: 978-1-64259-361-7
• Illustrations: Illustrationen, nicht spezifiziert
• Series: Studies in Critical Social Sci; Studies in Critical Social Sciences; Studies in Critical Social Science
• Subjects: Social sciences, law, business > Sociology > Sociological theories; South America, Sociology, Globalization, BUSINESS & ECONOMICS / Economic History, BUSINESS & ECONOMICS / Globalization, HISTORY / Latin America / South America, BUSINESS & ECONOMICS / Development / Economic Development, Business & management, Economic history, History of the Americas, Social classes, SOCIAL SCIENCE / Social Classes & Economic Disparity, Development economics & emerging economies, Development economics and emerging economies