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Class Coalition and the Political Economy of New Developmentalism: an essay in honour of Bresser-Pereira

Jose Oreiro

No PKWP2411, Working Papers from Post Keynesian Economics Society (PKES)

Abstract: This paper aims to show that the political obstacles to the implementation of a new-developmentalist model in Brazil can be overcome by the reconstruction of a developmentalist class coalition like the one that emerged in Brazil after the 1930 Revolution led by Getúlio Vargas. The concept of class coalition was developed by Bresser-Pereira in his book "The Political Construction of Brazil". A class coalition is defined as the emergence of coalitions of interests between groups that belong to distinct social classes. A developmentalist coalition results from the perception on the part of urban workers, industrial entrepreneurs and government technocracy that their economic interests are not served by liberal policies, since they are incapable of generating economic development, being useful only to rentiers and the domestic and international financial interests.

Keywords: New-Developmentalism; Class Coalition; Bresser-Pereira (search for similar items in EconPapers)
JEL-codes: B31 O10 O11 O20 (search for similar items in EconPapers)
Pages: 24
Date: 2024-08
New Economics Papers: this item is included in nep-hme, nep-hpe and nep-pke
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