[lbo-talk] Brazil

Michael McIntyre morbidsymptoms at gmail.com
Thu Oct 1 15:27:32 PDT 2009


Dennis, you just have to learn more about the Brazilian case before you start throwing around just-so stories about o milagre Brasileiro being the "next logical step" for that mythical one-horned beast, "the Brazilian ruling class". You have a very eventful interregnum of 8-9 years between JK and the linha dura's takeover, the two represent very different political forces in Brazil, and in this context implicit reference to the logic of capital or the interests of the ruling class obscure what real people with real names actually did. And there is no evidence at all that the Brazilian model ran out of steam because of a deficiency of demand, still less that the ruling class "resorted to" borrowing to stimulate demand, and how you manage to get deficiency of demand and hyperinflation at the same time is beyond me.

If you want to know something about this particular BRIC, then start at the base, with Werner Baer for the basic economic analysis and Thomas Skidmore for the political history from 1930-1985.

On Thu, Oct 1, 2009 at 4:38 PM, Eric Beck <ersatzdog at gmail.com> wrote:
> On Thu, Oct 1, 2009 at 4:15 PM,  <dredmond at efn.org> wrote:
>
>> Stalin
>> industrialized Russia and Mao industrialized China, at a terrible cost,
>> but the boom periods in both countries came during periods of comparative
>> democratization (Deng and Putin), not tyranny.
>
> Is it possible that socialism is just much better at primitive
> accumulation than capitalist regimes are? And isn't Chavez on a
> similar path, though obviously with not nearly as much violence? The
> busting of unions (commons), the state's control of primary
> industries, fake collectivization, etc.
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