Wealth and poverty in contemporary Brazilian capitalism / Gustavo Moura de Cavalcanti Mello, Henrique Pereira Braga, editors.
Mello, Gustavo Moura de Cavalcanti.; Braga, Henrique Pereira.
2022
HC187
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Title
Wealth and poverty in contemporary Brazilian capitalism / Gustavo Moura de Cavalcanti Mello, Henrique Pereira Braga, editors.
ISBN
9783030822989 (electronic bk.)
3030822982 (electronic bk.)
3030822974
9783030822972
DOI
https://doi.org/10.1007/978-3-030-82298-9
Publication Details
Cham : Palgrave Macmillan, [2022]
Language
English
Description
1 online resource (248 pages)
Item Number
10.1007/978-3-030-82298-9 doi
Call Number
HC187
Dewey Decimal Classification
330.981
Summary
This book analyses contemporary capitalism from Brazil and from the Marxian critique of political economy, particularly; the co-dependency of wealth and poverty and of civilization and barbarism; the current tendency towards capital over-accumulation and the specific form assumed by the capitalist crisis in recent decades; the financialisation process of capital accumulation, its effects on the world of labour; and the place that the state assumes in this broad process. Current trends toward increasing social inequality, impoverishment of large sections of the population, precariousness of labour and rising unemployment, environmental destruction, the spread of austerity policies and the suppression of social policies, the rise of the far right (together with the strengthening of racism, misogyny, xenophobia, political and religious fanaticism and all manner of intolerance, etc.), low economic growth, the primacy of the financial dimension of capital accumulation, all need to be understood in their multiple and complex articulations, as fundamental and inherent elements of contemporary capitalism, associating empirical analysis with conceptual construction. Because they are strictly contradictory processes, a dialectical approach is required that reclaims the Marxian legacy, and aims to contribute to updating it, seeking to bring new and relevant elements to the Marxist debate, based on a specific interpretation of Marx's work, and as an immediate empirical basis the Brazilian reality. Gustavo Moura de Cavalcanti Mello is Professor in the Department of Economics and the Post-Graduate Program in Social Policy at the Federal University of Espirito Santo, Brazil. Henrique Pereira Braga is Professor in the Department of Economics at the Federal University of Espirito Santo, Brazil.
Bibliography, etc. Note
References-4 Financialisation, Work and Gender: Violence and Barbarism in Ultraliberal Brazil-Introduction-Capital Accumulation Through Violence: Theoretical Foundations for Considering the Brazilian Reality-Ultraliberal Counter-Reforms in Contemporary Brazil-The Institutionalisation of Fiscal Austerity-Labour Reforms22-Conclusion-References-5 Marx and the Category of Fictitious Profits: Some Notes on the Brazilian Economy-Introduction-From Commodity to Fictitious Capital-The Advent of the Category of Fictitious Capital.
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Added Author
Mello, Gustavo Moura de Cavalcanti.
Braga, Henrique Pereira.
Series
Marx, Engels, and Marxisms.
Available in Other Form
Wealth and Poverty in Contemporary Brazilian Capitalism.
WEALTH AND POVERTY IN CONTEMPORARY BRAZILIAN CAPITALISM.
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Intro
Series Editor's Foreword
Titles Published
Titles Forthcoming
Foreword: Agenda for "Emerging" Countries
Acknowledgements
About this Book
Contents
Editors and Contributors
About the Editors
Contributors
List of Figures
List of Tables
1 Introduction
2 In the Bowels of Capital: On Modern Barbarism
Introduction: The Apologetics of Unilateralism and Dualism
The Progress of Barbarism and in Barbarism
And the Rubble of Progress Accumulates ...
Final Considerations
References
3 Rethinking Wealth and Poverty in Capitalist Society

The Relationship Between the Logical Method and the Historical Method
The Case of the Brazilian Economy
Final Considerations
References
6 Dollar Hegemony Under Challenge and the Rise of Central Bank Digital Currencies (CBDC): A New Form of World Money?
Introduction
The Saga of the Dollar as the World Money and the Rise of China
China Emerging Against the Background of Thucydides' Trap?
Currency Race: Decentralised Digital Currencies vs Central Bank Digital Currencies (CBDC)

The Limits of Decentralised Cryptocurrencies That May Prevent Them from Really Functioning as Currency
As Means of Exchange
As a Measure of Value
As Store of Value
As Standard of Deferred Payment
Digital Fiat Currency as Other Major Competitor: Stablecoin and CBDC
Stablecoin: An Extension of Fiat Money
State Cryptocurrency: The Late Comer But the Power Player?
E-renminbi
State Cryptocurrencies and World Money
Towards a Digital Currency War? Digital Regionalisation and Competition
Gold: A Final Thought
Brazil Amid Disputes Over Global Hegemony

New Frontier: Digital Hegemony and Digital Governability
Final Considerations
References
7 Brazil Amid the Structural Crisis of Capital
Introduction
Production Organised at the Global Level
The Subordinate State and Its Particularities in Brazil
The Unfinished Democratic Transition and the Escalation of Crises
Considerations, Illustrative of Brazilian Subordination
References
8 Final Words
References
Index

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