Brasil: o futuro da economia

Abstract

THE PURPOSE of this paper is to call attention to the lack of Brazilian domestic saving since the seventies, when investment was still going high. In the literature of dependent capitalism we find a source of explanation, as well as in the nature of the rupture in the nationalistic development process during the eighties. As a consequence, economic reforms alone will not bring back the dynamics of growth. What is missing is of a social and political nature, the dynamics between basic capitalist agents (national, multinational, burocrats and consumers) real tenants of economic power and political representation, one fearing the other and by due consequence following the rules of the game (development).