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Patterns of ‘State-Led Development’ in Brazil and South Korea: The Steel Manufacturing Industries

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Abstract

Grinberg analyses the processes of ‘state-led’ industrialisation in South Korea and Brazil. Challenging mainstream institutionalist accounts, he argues that these have been concrete forms of realisation of the production of relative surplus-value on a world scale. Following Iñigo Carrera, Grinberg claims that this global process has determined capitalist development in Brazil and Korea in specifically different forms. While the process of capital accumulation in Brazil revolves around the production of primary commodities for world markets and the recovery of ground-rent by industrial capital, in South Korea, it centres on the production of industrial commodities for the world market with a highly disciplined and relatively cheap labour-force performing automation-driven simplified functions. Grinberg uses the experience of the steel industries to further explain the bases for ‘state-led industrialisation’.

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Notes

  1. 1.

    Ground-rent is surplus-value appropriated by landowners due to their differential and absolute monopoly over uncontrollable natural conditions of production that, respectively, increase labour productivity or make production possible (Marx 1981: 779–823).

  2. 2.

    The structure of the process of capital accumulation in Mexico and Central America was transformed in the 1980s as a result of the same economic forces that accounted for the emergence of East Asia as a global industrial powerhouse (Grinberg 2010).

  3. 3.

    As in the industrially advanced economies, neoliberalism has also been the politico-economic form through which capital realised the differentiation of the conditions of reproduction of the different portions of the workforce according to their, increasingly distinctive, productive attributes (Iñigo Carrera 2013).

  4. 4.

    See Iñigo Carrera (1996) for the theoretical and methodological foundations of the model used to measure the profitability of individual industrial capitals; and Grinberg (2011: 181–3) for the sources used to pursue the computations of representative capitals in the Brazilian and Korean steel industries.

  5. 5.

    Skill-replacing technical changes in the steel industry centred, initially, on the computerisation of the control of the physicochemical processes required to transform raw materials into final products and, subsequently, on the automation of the regulation and interconnection of such processes (Balconi 2002; Coriat 1992; Hasegawa 1996).

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Grinberg, N. (2016). Patterns of ‘State-Led Development’ in Brazil and South Korea: The Steel Manufacturing Industries. In: Charnock, G., Starosta, G. (eds) The New International Division of Labour. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-53872-7_9

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