2019
DOI: 10.1177/0094582x19887910
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Lulism, Populism, and Bonapartism

Abstract: Lulism is one of the most important political phenomena of twenty-first-century Brazil. It can be compared to the Varguism that dominated Brazilian politics between 1930 and 1964 in its broad popular but politically unorganized base and its policy of state intervention in the economy to stimulate economic growth, increase the state’s room for maneuver against the imperialist countries, and promote a moderate income distribution. These two variants of populism differ, however, in that Varguism was based on the … Show more

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Cited by 2 publications
(2 citation statements)
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“…This led to a deepening of the criticism against currency overvaluation and high-interest rates (CUT, FS and FIESP 2011). Even though this move did not signal a rupture with the macroeconomic tripod, industrial associations became closer to the government in the public debate, providing legitimacy to some interventionist measures (Boito 2020). On the other hand, domestic private banks kept their defense of macroeconomic orthodoxy, contending that abrupt policy changes could risk hard-won stability and have little effect on long-term economic challenges (Gallagher 2015a(Gallagher , 2015b.…”
Section: Capital Flow Management In Brazil Under Workers' Party (2003...mentioning
confidence: 99%
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“…This led to a deepening of the criticism against currency overvaluation and high-interest rates (CUT, FS and FIESP 2011). Even though this move did not signal a rupture with the macroeconomic tripod, industrial associations became closer to the government in the public debate, providing legitimacy to some interventionist measures (Boito 2020). On the other hand, domestic private banks kept their defense of macroeconomic orthodoxy, contending that abrupt policy changes could risk hard-won stability and have little effect on long-term economic challenges (Gallagher 2015a(Gallagher , 2015b.…”
Section: Capital Flow Management In Brazil Under Workers' Party (2003...mentioning
confidence: 99%
“…Moving to the impact on interests, the new economic matrix favored manufacturers, who benefitted from lower taxes and interest rates, increased government-led demand, and mitigated currency overvaluation (Boito 2020). Workers also took advantage of expansionary macroeconomic policies, which led to low unemployment and improved social inclusion (Loureiro 2020).…”
Section: Capital Flow Management In Brazil Under Workers' Party (2003...mentioning
confidence: 99%