Capital accumulation and ground-rent in Brazil: 1953--2008

Nicolas Grinberg

International Review of Applied Economics, 2013, vol. 27, issue 4, 449-471

Abstract: The paper measures the size of primary-sector surpluses in the form of ground-rent appropriated by social subjects other than landowners in Brazil, and assesses their weight in supporting the process of capital accumulation during the period 1953--2008. For that purpose, the paper identifies the mechanisms through which state policies channelled a portion of ground-rent to capital, especially in the industrial sector, assessing their individual impact. The paper finds that transferred ground-rent has complemented surplus-value normally available for appropriation by capital and thus helped sustain its process of accumulation throughout most the period analysed here, including the post-1990 'neoliberal' era.

Date: 2013
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DOI: 10.1080/02692171.2012.736478

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