Suchergebnisse

O Estado e o mercado são instituições complementares. O Estado é a instituição principal que coordena as sociedades modernas; é o sistema constitucional e a organização que o garante; é o principal instrumento por meio do qual as sociedades democráticas estão moldando o capitalismo de modo a alcançar seus próprios objetivos políticos. Os mercados são instituições baseadas na competição regulada pelo Estado para que contribuam com a coordenação da economia. Enquanto o liberalismo emergiu no século XVIII para combater o Estado autocrático, desde os anos 1980 o neoliberalismo (uma distorção maior do liberalismo econômico) tornou-se dominante e montou um assalto ao Estado em nome do mercado, mas eventualmente também atacou o mercado. A macroeconomia neoclássica e a teoria da escolha pública foram as metaideologias que deram a esse assalto um apelo "científico" e matemático. ; State and market are complementary institutions. The state is the major institution coordinating modern societies; it is the constitutional system and the organizations guaranteeing it; it is the main instrument through which democratic societies have been changing capitalism so as to achieve their own agreed political objectives. Markets are institutions based on competition which the state regulates so that they contribute to the coordination of the economy. While liberalism emerged in the 18th century to fight an autocratic state, since the 1980s neoliberalism (a major distortion of economic liberalism) became dominant and mounted a political assault to the state in the name of the market, but eventually also attacked the market. Neoclassical macroeconomics and public choice theory were the meta-ideologies that gave to this assault a "scientific" and mathematical allure.

This paper aims to discuss the socio-economic regimes that allow the realization of justice as fairness, focusing in particular on the two regimes pointed out by Rawls as capable of constituting a well-ordered society, the property-owning democracy (POD) on the one hand and liberal socialism on the other. To this end, we will first consider Rawls' arguments regarding socio-economic regimes within A theory of justice. Then, based on Justice as fairness: a restatement, the arguments in favor of POD and liberal socialism and against the other three options: laissez-faire capitalism, one-party state socialism, and the welfare state will be discussed. Next, the arguments in favor of either POD or liberal socialism will be considered, largely seeking to draw what the distinctions between the two regimes are, from those authors who seek to go beyond Rawls. At the end, it is concluded that within the limits of a theory of justice Rawls is correct in not defining who is the winning regime, the POD or liberal socialism, but in the current advance of liberal capitalism and its movement away from liberal democracies it shows necessary to discuss which is the most adequate regime from the bases provided by justice as fairness.

This paper presents an alternative view of agricultural commercialization in the capitalist development process, in contrast with the functionalist approach derived from neoclassical economic theory. In the Brazilian economy, agricultural capital circulation depends on the social organization of production and the development of capitalist concentration, both determined by the modernization process. The author emphasizes the tendency toward subordination of circulation activities, the growing importance of different types of capital and its financial appreciation in agricultural production and circulation

This paper is an account of the intellectual process that led, in the early 1980s, to the definition of the new economic theory of inertial inflation, which is identified as the consequence of phased or staggered price adjustments. Economic agents are involved in an endless process of balancing and unbalancing relative prices, as they keep up with the ongoing inflation. To fight inertial inflation, orthodox or conventional fiscal and monetary policies are insufficient. In addition it is necessary to adopt a heterodox mechanism that neutralizes inertia. This article is part of a book in preparation where the author reports his experience as minister of finance in Brazil in 1987. (Rev Econ Polit/DÜI)