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Developmentalism and new developmentalism: tragedy and farce

The pretension of the new developmentalism to plead the continuity of the old developmentalism has no objective foundation. The two expressions of economic thought correspond to different historical epochs and represent opposing sides of the ideological spectrum. When the new developmentalism identifies the contemporary reality of the Brazilian economy with virtuous capitalist development, it reveals what it is really: an apologia for power. It is nothing more than a parochial effort to make up the old theory of modernization as a solution to the serious problems of the population living in the weak link of the capitalist world system.

Developmentalism; New developmentalism; Dependency; Underdevelopment; Bourgeois revolution; Growth with equity; Brazilian economy; Neo‑colonial reversion


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