A Third Path - Corporatism in Brazil and Portugal (Histories of Economic Life, 4)

A Third Path: Corporatism in Brazil and Portugal (Histories of Economic Life, 4)



https://CourseWikia.com

English | 384 pages | Princeton University Press (March 19, 2024) | 0691191026 | EPUB | 27 Mb

How Brazil and Portugal experimented with corporatism as a “third path” between laissez-faire capitalism and communism

Following the Great Depression, as the world searched for new economic models, Brazil and Portugal experimented with corporatism as a “third path” between laissez-faire capitalism and communism. In a corporatist society, the government vertically integrates economic and social groups into the state so that it can manage labor and economic production. In the 1930s, the dictatorships of Getúlio Vargas in Brazil and António de Oliveira Salazar in the Portuguese Empire seized upon corporatist ideas to jump-start state-led economic development. In A Third Path, Melissa Teixeira examines these pivotal but still understudied initiatives.