Abstract
In this chapter, we analyze the most recent perspective of political economy to characterize the situation of Latin America and contrast it with more traditional ones. While the varieties of capitalism (VoC) perspective is based on the standpoint of the firm and considers that other actors such as unions, organizations of the employers, and the State are the institutional context within which the firm has to function and adapt to, we propose a structural/institutional point of view, based on the regulation school, that considers that institutions are the result of the conflictual relationship between social actors: social classes (workers, entrepreneurs) and the State (which is not only an institution or an arena where social actors confront each other, but is a very significant actor).
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Acemoglu, D., & Robinson, J. A. (2012). Why Nations Fail: The Origins of Power, Prosperity and Poverty. New York: Crown Business.
Acemoglu, D., Johnson, S., & Robinson, J. A. (2002). Reversal of fortune: Geography and institutions in the making of the modern world income distribution. The Quarterly Journal of Economics, 117(4), 1231–1294.
Amable, B. (2005). Les cinq capitalismes. Paris: Editions du Seuil.
Bizberg, I., & Théret, B. (2012). La diversité des capitalismes latino-américains: les cas de l’Argentine, du Brésil et du Mexique. La Revue de la Régulation (11). Paris.
Boyer, R. (2002). Varieté du Capitalisme et Théorie de la Regulation. In Association recherche et régulation, L’année de la Régulation, n° 6 (2002–2003): Économie, institutions, pouvoirs (pp. 125–194). Paris: Presses de Sciences Po (P.F.N.S.P.).
Boyer, R. (2005). How and why capitalisms differ. Economy and Society, 34(4), 509–557.
Boyer, R. (2015). Économie politique des capitalismes, Théorie de la régulation et des crises. Paris: La Découverte.
Boyer, R. (2017). What does the growing communality of contemporary capitalisms mean for economic theory? (Unpublished manuscript prepared for the International Conference on Economic Theory and Policy). Tokyo: Meiji University.
Boyer, R., Uemura, H., & Isogai, A. (2012). Diversity and Transformations of Asian Capitalisms. London and New York: Routledge.
Bresser-Pereira, L. C. (2018). Rentier-financier capitalism (Unpublished manuscript to be published in the Revue de la Régulation).
Cardoso, F. H., & Faletto, E. (1969). Dependencia y Desarrollo en América latina. México: Siglo XXI.
Crouch, C. (1993). Industrial relations and European State traditions. Oxford: Oxford University Press.
De Soto, H. (2005). Le mystère du capital: Pourquoi le capitalisme triomphe en Occident et échoue partout ailleurs. Paris: Flammarion.
Engerman, S., & Sokoloff, K. (2000). History lessons. Institutions, factor endowments, and paths of development in the new world. Journal of Economic Perspectives, 14(3), 217–232.
Esping-Andersen, G. (1990). The three worlds of welfare capitalism. Princeton, NJ: Princeton University Press.
Haber, S. (1991). Industrial concentration and the capital markets: A comparative study of Brazil, Mexico and the United States, 1830–1930. Journal of Economic History, 51(3), 559–580.
Haber, S. (Ed.). (1997). How Latin America fell behind. Essays on the economic history of Brazil and Mexico. Stanford: Stanford University Press.
Haggard, S. (1990). Pathways from the periphery. The politics of growth in the newly industrializing countries. New York: Cornell University Press.
Hall, P. A., & Soskice, D. (Eds.). (2001). Varieties of capitalism: The institutional foundations of comparative advantage. Oxford: Oxford University Press.
Lechevalier, S. (2011). La grande transformation du capitalisme japonais. Paris: Presses de Sciences Po.
Maravall, J. M. (1997). Regimes, politics and markets: Democratization and economic change in Southern and Eastern Europe. Oxford: Oxford University Press.
Maurer, N., & Haber, S. (2004). Related lending and economic performance. Manuscript. Monterrey: Instituto Tecnológico Autónomo de Monterrey and Stanford University.
Montinola, G., Qian, Y., & Weingast, B. R. (1996). Federalism, Chinese style: The political basis for economic success in China. World Politics, 48(1), 50–81.
North, D. C., & Weingast, B. R. (1989). Constitutions and commitment: The evolution of institutional governing public choice in seventeenth century England. Journal of Economic History, 49(4), 803–832.
North, D. C., Summerhill, W., & Weingast, B. R. (2002). Orden y desorden y cambio económico: Latinoamérica vs. Norte América. Revista Instituciones y Desarrollo, (12–13), 9–59.
Parikh, S., & Weingast, B. R. (1997). A comparative theory of federalism: India. Virginia Law Review, 83(7), 1593–1615.
Polanyi, K. (1944). The great transformation. New York: Farrar & Rinehart.
Restrepo Botero, D. (2015). Procesos de descentralización en Bolivia y Colombia, 1980–2005: Una propuesta de economía espacial comparada. Bogotá: Universidad Nacional de Colombia.
Rodrik, D. (2001). ¿Por qué hay tanta inseguridad económica en América Latina? Revista de la CEPAL, (73), 7–31. https://repositorio.cepal.org/bitstream/handle/11362/37886/RVE73_es.pdf?sequence=1&isAllowed=y.
Rodrik, D. (2007). One economics, many recipes. Globalization, institutions and economic growth. Princeton and Oxford: Princeton University Press.
Schneider, B. R. (2013). Hierarchical capitalism in Latin America: Business, labor, and the challenges of equitable development. New York: Cambridge University Press.
Schneider, B. R., & Soskice, D. (2009). Inequality in developed countries and Latin America: Coordinated, liberal and hierarchical systems. Economy and Society, 38(1), 17–52.
Thelen, K. (2014). Varieties of liberalization and the new politics of social solidarity. New York: Cambridge University Press.
Théret, B. (2004). Del principio federal a una tipología de las federaciones: algunas propuestas. Foro Internacional, 44(1), 29–65.
Théret, B. (2011). The place of national systems of social protection and political representation in socio-economic regulation: A morphogenetic structuralist view on institutional change in comparative perspective with special references to Japan and France. Evolutionary Institutional Economic Review, 7(2), 177–208.
Weingast, B. (1995). The economic role of political institutions: Market-preserving federalism and economic development. The Journal of Law, Economics, and Organisations, 11(1), 1–31.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2019 The Author(s)
About this chapter
Cite this chapter
Bizberg, I. (2019). The Theoretical Perspective of This Book. In: Diversity of Capitalisms in Latin America. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-95537-7_1
Download citation
DOI: https://doi.org/10.1007/978-3-319-95537-7_1
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-95536-0
Online ISBN: 978-3-319-95537-7
eBook Packages: Economics and FinanceEconomics and Finance (R0)