Types of Capitalism in Latin America

Although one could have certainly talked about Latin America as a whole during the time of ISI, it is nowadays impossible to find a unique model of development in this continent. This article defends the idea that just as we find a variety of capitalisms in the developed countries, according to the...

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Bibliographic Details
Main Author: Ilan Bizberg
Format: Article
Language:English
Published: Association d'Economie Politique 2014-05-01
Series:Interventions Économiques pour une Alternative Sociale
Subjects:
Online Access:http://journals.openedition.org/interventionseconomiques/1772
Description
Summary:Although one could have certainly talked about Latin America as a whole during the time of ISI, it is nowadays impossible to find a unique model of development in this continent. This article defends the idea that just as we find a variety of capitalisms in the developed countries, according to the varieties of capitalism and the French regulation schools, in Latin America we are also witnessing the development of different types of capitalism. In at least three countries in this continent we have been able to see that the economic structure and the socio-political conformation: the articulation to the world economy, the role of the State,and the wage relation -rapport salarial- (comprising basically the industrial relations system and the welfare regime) are complementary enough to be able to point towards ideal types, although they may not yet be consolidated.
ISSN:0715-3570
1710-7377