Diversity of Capitalisms in Latin America

Bizberg, Ilán

doi:10.1007/978-3-319-95537-7

Cited by 42 publications

(24 citation statements)

References 10 publications

(10 reference statements)

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“…Capitalist varieties applied to emerging countries could not be simply a mixing of the main varieties present in Hall and Soskice (2001). Several authors have contributed to this effort over the last decade (Schneider, 2009;Nölke & Vliegenthart, 2009;Bohle & Greskovits, 2012;Hundt & Uttam, 2017;Rougier & Combarnous, 2017;Moore, 2018;Bizberg, 2018).…”

Section: From Varieties Of Capitalism To Growth Modelsmentioning

confidence: 99%

In search of developmental capitalism institutions:

Balestro

Botelho

2021

RBS

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How can we explain that some emerging economies grow faster than others? What explains the sustainability of their growth? Not all types of capitalism in emerging markets contribute equally to sustainable growth rates that undergird development. Comparative capitalism research on European economies temporary growth models aims to more properly grasp change in the varieties of capitalism approach. Adoption of the growth models in emerging markets capitalism research requires attention to integration into the global economy and to political coalitions, and the need to deal with the methodological challenges, given high labor market informality and political instability. This article seeks to make sense of changes in the components of successive growth models throughout a path-dependent capitalist variety, expand the growth model analytical framework by testing elements alongside demand (and supply) based on a case study of Brazil, and explore coalitions in economic reform to identify growth model’s social blocs. The article’s results unveil challenges to the employment of existing concepts and analytical framework; the need to build bridges between growth models and the political economy of development; and an exploratory assessment of growth model contributions to Brazil's postwar development. Thereof, in the long term, interest shifts of economic elites between liberal and non-liberal economic regimes suggest a fragility of repeated attempts to form a durable developmental coalition, a process dynamic that frays state-permeated capitalism positive externalities. It concludes that both path dependent developmental institutions, which hinder change, and growth instability limit the possibilities of designing institutional reforms out of the middle-income trap.

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Section: From Varieties Of Capitalism To Growth Modelsmentioning

confidence: 99%

In search of developmental capitalism institutions:

Balestro

Botelho

2021

RBS

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“…The traditional Varieties of Capitalism-juxtaposition of the German coordinated market economy (CME) and the US liberal market economy (LME) has given way to a range of new models focusing on Latin America, Eastern Europe and Asia. Next to the Eurozone, emerging markets have become the most vibrant field of study in Comparative Capitalism, documented by a number of edited volumes and monographs (Bohle and Greskovits 2012, Walter and Zhang 2012, Becker 2013, Schneider 2013, Benney 2014, Musacchio and Lazzarini 2014, Witt and Redding 2014, Rougier and Combarnous 2017, Demirbag and Wood 2018, Vasileva-Dienes and Schmidt 2019, Bizberg 2019) and accompanied by a comprehensive review essay (Feldmann 2019).…”

Section: Introductionmentioning

confidence: 99%

Comparative Capitalism, Growth Models and Emerging Markets: The Development of the Field

Schedelik

Nölke

Mertens

et al. 2020

New Political Economy

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Over the past decade, the study of emerging markets has become one of the most vibrant fields of Comparative Capitalism (CC) scholarship. CC studies have not only mapped a range of different emerging market capitalisms but have also identified both functional and dysfunctional types that further differ based on their integration into the global economy. The article reviews the evolution of these ideal-typological efforts, ranging from the notion of dependent market economies in Central Eastern Europe to hierarchical market economies prevalent mostly in Latin America, from patrimonial capitalism (such as in Russia) to statepermeated capitalism (based on the study of China and India). While the CC study of emerging markets has also addressed some of the criticisms posed against the earlier Varieties of Capitalism-framework, it still faces significant analytical and methodological challenges. Against this background, the article proposes to incorporate the Growth Model approach into the CC framework and probes its usefulness for the analysis of emerging market capitalisms.

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“…This makes an historical approach a strong complement to Social Structure of Accumulation theory which compares varieties of capitalism across both historical time (see: Kotz, 2015;Talbot, 2011) and present space (see : Bizberg, 2019;Menz, 2017a) where institutions' development and are contingent upon particular capital-labour relations (Hornstein, 2021;Rey-Araújo, 2019) e.g., the balance of class forces (Gramsci, 2018;Hall, 1989). This project's use of Social Structure of Accumulation theory takes the form of an "extended case study" (Geschiere, 2001) by looking over the long term how the changing balance of class forces comes to bear on the rise of right-wing populism.…”

Section: On Method: Comparative and Historicalmentioning

confidence: 99%

“…To situate organic crisis and right-wing populism in the particular conflicts and conditions of capitalist accumulation in Central America, I draw from Social Structure of Accumulation theory, one of the institutionalist political economy theories that came out of the neo-Gramscian break with structuralist Marxism. Social Structure of Accumulation theory seeks to explain the cycles of relative stability and crisis which historically characterize the capitalist system (Labrouse & Mitchell, 2017;Lacher, 2008) and compare varieties of capitalism across both historical time (see: Kotz, 2015b;Talbot, 2011;Arrighi, 1993) and present space (see: Bizberg, 2019;Menz, 2017a) as well as across scales (Jonsson, 1993). To do this, SSA theory looks at the "balance of class forces" (Gramsci, 2018), e.g.…”

Section: Social Structure Of Accumulation Theory and Dimensions Of Crisismentioning

confidence: 99%

“…To do this, SSA theory looks at the "balance of class forces" (Gramsci, 2018), e.g. the capital-labour relationship, and how it shapes other institutions in the broader social structure (Rey-Araújo, 2019; Bizberg, 2019;Labrouse & Mitchell, 2017). SSA also introduces the concept of "system transformation" which describes the changes arising from organic crises in the capitalist mode of production from social structure of accumulation to another (Rey-Araújo, 2019;Kotz, 2017;2015a;Lacher, 2008).…”

Section: Social Structure Of Accumulation Theory and Dimensions Of Crisismentioning

confidence: 99%

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Crisis Eruptions: A Comparative Analysis of Right-wing Populism in El Salvador and Guatemala

Lutes¹

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This thesis project is a comparative analysis of contemporary right-wing populism in El Salvador and Guatemala, looking at the Nayib Bukele government in El Salvador and the Jimmy Morales and Alejandro Giammattei governments in Guatemala. Using a comparative historical approach and a neo-Gramscian theoretical framework, I situate the two case studies in the context of the global rise of right-wing or "authoritarian" populist movements and argue that they should be understood as arising out of an organic crisis in the neoliberal model of capitalism. In order to analyze the multi-faceted nature of the relationship between organic crisis and populism, I use a neo-Gramscian, institutionalist approach drawing on a multi-disciplinary historical review, news media, economic reports, and secondary fieldwork for evidence.

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Diversity of Capitalisms in Latin America

Cited by 42 publications

References 10 publications

In search of developmental capitalism institutions:

In search of developmental capitalism institutions:

Comparative Capitalism, Growth Models and Emerging Markets: The Development of the Field

Crisis Eruptions: A Comparative Analysis of Right-wing Populism in El Salvador and Guatemala

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