A third path : corporatism in Brazil and Portugal

Author(s)

    • Teixeira, Melissa

Bibliographic Information

A third path : corporatism in Brazil and Portugal

Melissa Teixeira

(Histories of economic life / Jeremy Adelman, Sunil Amrith, and Emma Rothschild, series editors)

Princeton University Press, c2024

  • : hardback

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

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. What distinguished Portuguese and Brazilian corporatism from other countries’ experiments with the mixed economy was how Vargas and Salazar dismantled liberal democratic institutions, celebrating their efforts to limit individual freedoms and property in pursuit of economic recovery and social peace. By tracing the movement of people and ideas across the South Atlantic, Teixeira vividly shows how two countries not often studied for their economic creativity became major centers for policy experimentation. Portuguese and Brazilian officials created laws and agencies to control pricing and production, which in turn generated new social frictions and economic problems, as individuals and firms tried to evade the rules. And yet, Teixeira argues, despite the failings and frustrations of Brazil’s and Portugal’s corporatist experiments, the ideas and institutions tested in the 1930s and 1940s constituted a new legal and technical tool kit for the rise of economic planning, shaping how governments regulate labor and market relations to the present day.

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Details

  • NCID
    BD06366816
  • ISBN
    • 9780691191027
  • LCCN
    2023023931
  • Country Code
    us
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    Princeton
  • Pages/Volumes
    xiii, 366 p.
  • Size
    24 cm
  • Classification
  • Parent Bibliography ID
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