The State and Income Redistribution in Peru, 1968–76, with Special Reference to Manufacturing

John Weeks

Chapter 3 in Work, Income and Inequality, 1983, pp 62-82 from Palgrave Macmillan

Abstract: Abstract In late 1968, a military coup overthrew the civilian government of Peru, bringing to power a new government with General Juan Velasco as President. On a continent where coups are common, this was an uncommon coup, signalling not just a change of government, but a change in the class domination of the state. Before 1968, Peru had been ruled by a coalition of capitalists and pre-capitalist landlords, the capitalists having their investments in banking, finance, and export agriculture. This coalition was overthrown by the rising industrial bourgeoisie which, after 1968, sought to re-orient the economy to rapid industrialisation.1

Keywords: State Ownership; Wage Earner; Income Share; Income Redistribution; Labour Power (search for similar items in EconPapers)
Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05417-6_3

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DOI: 10.1007/978-1-349-05417-6_3

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