Neoliberalism, falling profit rate and public labor policy in Brazil

• Autor(a) principal: Justen, Agatha
• Data de Publicação: 2021
• Outros Autores: Gurgel, Claudio
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Cadernos Gestão Pública e Cidadania (Online)
• Texto Completo: https://periodicos.fgv.br/cgpc/article/view/83222
• topic: Neoliberalism, profit rate, counter factors, labor policy.; Neoliberalismo, tasa de ganancia, factores contrarrestantes, política laboral.

The development of capitalism in Brazil in the last thirty years was marked by neoliberalism, form assumed by the capitalist mode of production in response to the crisis of the 1970s and others that followed. The determinations that prevail over this form are the same as those identified by Marx for the current mode of production: capital appreciation as development, cyclical crises, downward trend in profit rate and factors that counter this trend. Based on the theory of determinations of capital and documents of Brazilian economy, the objective of this paper is to explain why, among the main factors that counter the fall in profit rate, pointed out by Marx, in Brazil, the increase in labor exploitation and related resources is highlighted in order to counter the trend of falling of profit rate. As consequence, as shown at the end of this work, labor policy has acquired a dominant position in recent years, empirically and legally creating, whether through labor reform or punctual initiatives and expedients, various means to promote a radical increase in labor exploitation.