tag:blogger.com,1999:blog-8595404115121834255.post2254929943345210199..comments2024-03-28T03:24:05.678-04:00Comments on NAKED KEYNESIANISM: A time to reapMatias Vernengohttp://www.blogger.com/profile/09521604894748538215noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8595404115121834255.post-25463151243415142472012-05-21T08:59:39.294-04:002012-05-21T08:59:39.294-04:00I'm more skeptical about the use of the term d...I'm more skeptical about the use of the term dialectical. Sometimes is merely used to avoid dealing with logical inconsistencies, which wasn't the case in Marx or Tavares for that matter. Her influece rests on very clear theoretical propositions (e.g. growth is demand determined, and the BOP constraint is paramount, dollar hegemony increased with the collapse of Bretton Woods, etc.) and historically relevant analysis of the Brazilian experience (e.g. the easy part of ISI had reached its limits, growth was possible even with worsening income distribution, since consumption of certain groups expanded, etc.). All her contributions where as much influenced by several strands of thinking, Marxism being only one of the relevant traditions.Matias Vernengohttps://www.blogger.com/profile/09521604894748538215noreply@blogger.comtag:blogger.com,1999:blog-8595404115121834255.post-80979854722629769332012-05-19T18:18:21.331-04:002012-05-19T18:18:21.331-04:00Dear Matias,
Thanks a lot for the repost. I agree...Dear Matias,<br /><br />Thanks a lot for the repost. I agree with your comment above that Conceição was heavily influenced by Kalecki and Keynes. But it should also be emphasized that her "dialectical" method in explaining the evolution of import substitution in Brazil comes basically from Marx. Using dialectical contradictions to explain the dynamics of industrialization is not something that you get originally from Keynes or Kalecki!<br /><br />thanks,<br />TomasTomas Rottahttps://www.blogger.com/profile/06842479206847200189noreply@blogger.com