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Duality and the long cycle

Author

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  • Ignácio M. Rangel

Abstract

Industrial Bourgeoisie assumes the hegemonic role which had belonged untilthen to the feudal large estates. This is the great transformation that occurred in theBrazilian society in this recessive stage of Kondratieff’s cycle. The principal areas of thisstage in Brazilian economic crisis are analysed as well and pointed out the two main aspectswhich will have to orient the overcoming phase of this crisis: the privatization of public servicesand the greater intervention of the State in foreign trade. JEL Classification: E32.

Suggested Citation

  • Ignácio M. Rangel, 1984. "Duality and the long cycle," Brazilian Journal of Political Economy, Center of Political Economy, vol. 4(1), pages 83-96.
    • Handle: RePEc:ekm:repojs:v:4:y:1984:i:1:p:83-96:id:1877
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    File URL: https://centrodeeconomiapolitica.org/repojs/index.php/journal/article/view/1877/1863
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    More about this item

    Keywords

    Kondratiev; crisis; privatization; state intervention;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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