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A Third Path - (Histories of Economic Life) by Melissa Teixeira (Hardcover)

A Third Path - (Histories of Economic Life) by  Melissa Teixeira (Hardcover) - 1 of 1
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Highlights

  • 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.
  • About the Author: Melissa Teixeira is assistant professor of history at the University of Pennsylvania.
  • 384 Pages
  • History, Latin America
  • Series Name: Histories of Economic Life

Description



Book Synopsis



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.



About the Author



Melissa Teixeira is assistant professor of history at the University of Pennsylvania.
Dimensions (Overall): 9.21 Inches (H) x 6.14 Inches (W) x 1.13 Inches (D)
Weight: 1.67 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 384
Series Title: Histories of Economic Life
Genre: History
Sub-Genre: Latin America
Publisher: Princeton University Press
Theme: South America
Format: Hardcover
Author: Melissa Teixeira
Language: English
Street Date: March 19, 2024
TCIN: 89468405
UPC: 9780691191027
Item Number (DPCI): 247-29-1218
Origin: Made in the USA or Imported
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Shipping details

Estimated ship dimensions: 1.13 inches length x 6.14 inches width x 9.21 inches height
Estimated ship weight: 1.67 pounds
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