The Political Construction of Brazil

2017. An encompassing analysis of Brazil’s society, economy and politics since the Independence. A national-dependent interpretation. Three historical cycles of the relation state-society: State and Territorial Integration Cycle (1822-1929), Nation and Development Cycle (1930-1977) and Democracy and Social Justice Cycle (1977-2010). Crisis since then. (Book: Lynne Rienner Publishers)

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Macroeconomia Desenvolvimentista

2016. With José Luis Oreiro e Nelson Marconi. Our more complete analysis of Developmental Macroeconomics – the central economic theory within New Developmentalism. (book)

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A organização e o novo conceito de capital no capitalismo dos profissionais

Luiz Carlos Bresser-Pereira

Texto para Discussão EESP/FGV 279, maio 2011.


Modern societies cannot anymore be just defined as classical or bourgeois capitalism. Since the emergence of a second relation of production and a third social class in capitalist societies, they are mixed societies where two forms of property - capital and organization - are present. That is why modern capitalism is not anymore classical or bourgeois capitalism, but a mixed form that we call professionals' capitalism or knowledge capitalism or technobureaucratic. In this paper I define the new relation of production that we call "organization". As to capital, I discuss the transformation of its definition as capitalism changed historically.



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