Oligarchical restoration and full neoliberalism reloaded : an essay on the roots of the twin crises and the 2016 coup d’etat in Brazil

Abstract

This essay provides a critical interpretation of the origins of the current combined economic and political crises in Brazil. It is argued that the twin crises reflect both cyclical and structural elements typical of capitalist economies, yet with specific elements reflecting the underdeveloped status of Brazil, its oligarchical bourgeoisie, and its history.