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BSPO 1890A - Varieties of capitalism in Latin America

Type d'enseignement : Lecture alone

Semester : Spring 2017-2018

Number of hours : 24

Language of tuition : English



Course Description

Although one could have conceived Latin America as an ensemble with more or less the same problems, challenges and destiny, during the period of Industrialization by import substitution (1930-1980), nowadays it is not possible to find a single mode of development in the continent. While the economic institutionalism perspective, originated in the United States, posit an single model of capitalism, the structuralist schools propose the existence of a variety of capitalisms in both developed countries and Latin America. In this course, we will analyze the different types of capitalism that exist in this continent from a political economy perspective. We will focus on the productive structure, the manner of integration of the countries to the international economy, the State intervention, the social policies, as well as the strength of the unions and of civil society.


BIZBERG GUTER, Ilan (Professeur)

Pedagogical format

Lecture, student presentations and discussion. (8 sessions, 3 hours each).

Course validation

Quizzes on the assigned readings (multiple choice) at the beginning of some of the sessions: 30%. An individual or collective oral presentation (summary of an article or chapter): 20%. A final examination (an essay, 90 minutes): 40%. Participation in class 10%.


Class attendance and a required reading per session of around 40 pages. The articles or chapters will be available electronically.

Required reading

Acemoglu, Daron and James A. Robinson, Why Nations Fail, The origins of power, prosperity and poverty, New York, Crown Business, 2012, pp. 7-43

Additional required reading

  • Cardoso, Fernando Henrique y Enzo Faletto, Dependencia y Desarrollo en América latina, México, Siglo XXI, 1969, pp. 11-53
  • Ben Ross Schneider, Hierarchical Capitalism, Cambridge University Press, 2013: pp. 3-40
  • Bresser Pereira, “The two forms of capitalism: developmentalism and economic liberalism”, Brazilian Journal of Political Economy, vol. 37, nº 4 (149), pp. 680-703, October-December/2017
  • Boyer, Robert, “How and why capitalisms differ”, Economy and Society, 34 (4): 509-557. 2005