Diversity of Capitalisms in Latin America

Description

“One of the definite merits of this book is to cleverly mix a theoretical breakthrough with a meticulous historical and empirical account of the transformations of some key Latin American countries. First, it is at the frontier of a research agenda initiated back to the end of the 1970s, second it clearly distinguishes between an ideal-type approach and the complexity of any specific national configuration and its transformation in history. Furthermore, the author provides decisive arguments against a pure economic determinism too frequently supposed to govern institutions building and reforms. Last but not least, the book culminates by an impressive analysis of the crises that quite any Latin America society experiences at the end the 2010s.” -Robert Boyer, Institut des Amériques, Paris, France. This book defends the idea that there are significant structural and institutional differences between the countries in Latin America. Building off the results of a four-year research project, Bizberg argues against the idea that in Latin America there is one single type of capitalism—a hierarchical one—that is entangled in a vicious cycle. Rather, there are clusters of countries that have had similar historical trajectories, analogous structures, or comparable reactions to changes to the world economy, but have not all followed the same mode of development. Just as analysts have found a variety of capitalisms in developed countries, it is possible to identify the emergence of different types of capitalism in Latin America since the 1980s debt crisis. These varieties of capitalism are defined according to categories—including the articulation to the world economy, the role of the State, the structure of the political system and the action of civil society—which give rise to distinct wage relations, comprising the industrial relations system and the welfare regime. Front Matter ....Pages i-xxxviii The Theoretical Perspective of This Book (Ilan Bizberg)....Pages 1-26 Four Types of Capitalism in Latin America (Ilan Bizberg)....Pages 27-51 The Accumulation Regime (Ilan Bizberg)....Pages 53-87 The Mode of Integration to the World Economy (Ilan Bizberg)....Pages 89-114 The Role of the State (Ilan Bizberg)....Pages 115-156 The Dominant Social Coalition: Transformations and Present Configuration (Ilan Bizberg)....Pages 157-211 State Structures and Political Systems (Ilan Bizberg)....Pages 213-257 The Social Contract: The Wage Relation (Ilan Bizberg)....Pages 259-298 Conclusions: Performance and Frailties of the Latin American Capitalisms (Ilan Bizberg)....Pages 299-323 Back Matter ....Pages 325-362