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Title Wealth and poverty in contemporary Brazilian capitalism / Gustavo Moura de Cavalcanti Mello, Henrique Pereira Braga, editors
Published Cham : Palgrave Macmillan, [2022]

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Description 1 online resource (248 pages)
Series Marx, Engels, and Marxisms
Marx, Engels, and Marxisms.
Contents 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
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 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
Notes Print version record
Subject Capitalism -- Brazil
Equality -- Brazil
Poverty -- Brazil
Wealth -- Brazil
Capitalism
Economic history
Economic policy
Equality
Poverty
Wealth
SUBJECT Brazil -- Economic conditions. http://id.loc.gov/authorities/subjects/sh85016532
Brazil -- Economic policy. http://id.loc.gov/authorities/subjects/sh2008000207
Subject Brazil
Form Electronic book
Author Mello, Gustavo Moura de Cavalcanti
Braga, Henrique Pereira
ISBN 9783030822989
3030822982