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Diversity of Capitalisms in Latin America (Hardcover, 1st ed. 2019)
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Diversity of Capitalisms in Latin America (Hardcover, 1st ed. 2019)
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"One of the definite merits of this book is to cleverly mix a
theoretical breakthrough with a meticulous historical and empirical
account of the transformations of some key Latin American
countries. First, it is at the frontier of a research agenda
initiated back to the end of the 1970s, second it clearly
distinguishes between an ideal-type approach and the complexity of
any specific national configuration and its transformation in
history. Furthermore, the author provides decisive arguments
against a pure economic determinism too frequently supposed to
govern institutions building and reforms. Last but not least, the
book culminates by an impressive analysis of the crises that quite
any Latin America society experiences at the end the 2010s."
-Robert Boyer, Institut des Ameriques, Paris, France. This book
defends the idea that there are significant structural and
institutional differences between the countries in Latin America.
Building off the results of a four-year research project, Bizberg
argues against the idea that in Latin America there is one single
type of capitalism-a hierarchical one-that is entangled in a
vicious cycle. Rather, there are clusters of countries that have
had similar historical trajectories, analogous structures, or
comparable reactions to changes to the world economy, but have not
all followed the same mode of development. Just as analysts have
found a variety of capitalisms in developed countries, it is
possible to identify the emergence of different types of capitalism
in Latin America since the 1980s debt crisis. These varieties of
capitalism are defined according to categories-including the
articulation to the world economy, the role of the State, the
structure of the political system and the action of civil
society-which give rise to distinct wage relations, comprising the
industrial relations system and the welfare regime.
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