2023. Chapter of "Rise and Fall of Neoliberal Rentier Capitalism", written in 2020.
SOCIAL THEORY AND CAPITALISM
SOCIAL THEORY - ALL TEXTS
2023. This paper is the history of how the theory of inertial inflation was developed in Brazil in the early 1980s, when inflation was very high, much higher than the stagflation that happened in the United States in the previous decade.
2021. Rentier capistalists ceased to command accumulation of capital and innovation. Managers do that. Neoliberal capitalism is changing into a managerial capitalism in which technobureaucrats assumed this role, while democracy is checking the threat represented by right-wing populism. RAE - Revista de Administração de Empresas, 61 (3), 2021: 1-11. English version available
2021. The Industrial Revolution made capital the dominant production relation in entrepreneurs' capitalism; the Second Industrial Revolution and the associated organizational revolution promoted the shift from the strategic factor of production of capital to technical and administrative knowledge and made the emergence of the managerial class a definitive historical phenomenon. (Chapter of book being written)
2020. In rich countries, the authoritarian character of right-wing populism does not mean that democracy is dying. It is a reaction to neoliberalism which in the last 40 years didn't improve the sort of the white lower middle-class. (Lua Nova-Revista de Cultura Política) English version available.
2020. In rich countries, the authoritarian character of right-wing populism does not mean that democracy is dying. It is a reaction to neoliberalism which in the last 40 years didn't improve the sort of the white lower middle-class. Portuguese version available.
2021. Around 1980 China made the right choice of economic policy regime (developmentalism) and the US, the wrong choice. This is one of the reasons for the US losing gradually hegemony to China. (Chapter of a book being written)
2018. Rentiers, the inheritors of the entrepreneurs, and financiers, a special type of technobureaucrats, are the fuling classes in contemporary capitalism; neoliberalism is their ideology. The financiers manage the wealth of the idle rentiers and act as organic intellectuals of this very narrow class coalition. (Revista de Estudos Avançados,USP)
2018. Rentiers, the inheritors of the entrepreneurs, and financiers, a special type of technobureaucrats, are the fuling classes in contemporary capitalism; neoliberalism is their ideology. The financiers manage the wealth of the idle rentiers and act as organic intellectuals of this very narrow class coalition. (Discussion Paper)
2017. Capitalism and the state are either developmental, or liberal. Developmentalism and economic liberalism are two forms of coordinating capitalism. Capitalism was born developmental anywhere, in England or in the US, in Germany or in Brazil, in Japan or in China. (paper: Brazilian Journal of Political Economy)
2018. In the past, the individualism that is associated to liberal capitalism was tempered by socialism, democracy, nationalism and republicanism. Since capitalism turned neoliberal it turned radically individualistic and unjust. (Essay to be published)
2016. National solidarity, first, and social-democracy, later on, have mitigated Capitalist exploitation. The demise of these two institutions led global capitalism to the present political crisis. (essay)
2017. The Brexit, Donald Trump's election and the rise of the extreme right express the political crisis of globalization. National solidarity, first, and social-democracy, later on, have mitigated Capitalist exploitation. The demise of these two institutions led global capitalism to the present political crisis. (Paper: Novos Estudos) Version in English.
2015. Speech receiving the Juca Pato trophee and the tittle of "intelectual of the year 2014" from the Brazilian Union of Writers.
2014. Technobureaucratic or professionals' capitalism are adequate names to identify today's capitalism. It is a mixed social formation, where two relations of production - capital and organization - are present. (Paper: Tempo Social)
2014. A critical survey of the recent analysis of modernity. Major sociologists take as modernity what is, rather, expressions of the recent and failed neoliberal distortion of democratic capitalism. (Paper: Revista Brasileira de Ciências Sociais)
2014. Breve crítica do pós-modernimos (Seção do ensaio "modernidade neoliberal", Revista Brasileira de Ciências Sociais).
2005. The rise of the professional middle class, knowledge as the new strategic factor of production, and democracy. English version available. (Paper: Revista Brasileira de Ciências Sociais)
2004. The rise of the professional middle class, knowledge as the new strategic factor of production, and the implications for democracy. The correspondent concept of capital.Portuguese version available.(Paper in book honoring J. K. Galbraith).
2001. The global world remains capitalist, but the key actors are not anymore capitalists but technobureaucrats. (ABCP/UFMG Boletim de Conjuntura, September 2001). Technobureaucracy, Globalization, Capitalism.