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State, Market, Labour and Dependent Industrialization in Latin America: A Class Analysis of the Historical Development of Capitalism in Brasil

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Introduction Brasil is a country steeped in contradictions historically and contemporaneously. It is the only Portuguese-speaking country in Latin America, but with the largest population in the region. Undoubtedly the economic giant of Latin America due to the size of its market and level of industrialization, yet it has the fifth highest level of inequality in the region. Being one of the ten largest economies in the world and along with Russia, India and China considered the leading newly industrializing nations in the world, and a middle income country; it is still more often than not categorized as a developing country due to a high prevalence of poverty (Edwards, 2001: 79). Having been the site of the first of military putsches that would lead to an era of Bureaucratic Authoritarian States in Latin America , Brasil today has a model constitution and is the only country in the region with a trade union’s Workers Party (Partido dos Trabalhadores) at the helm of the state. The worke...