Brazilian Subimperialism

  • Ruy Mauro Marini
Keywords: Imperialism


Military dictatorship was a response to the economic crisis affecting the Brazilian economy between 1962 and 1967 and to the consequent intensification of the class struggle. But it was something more: it constituted the instrument and the result of a type of development which could be called state capitalist and subimperialist. In this perspective, it has been both the guarantee of capital accumulation based on the super-exploitation of the working masses—urban as well as rural—and the expression of the hegemony conquered, thanks to the crisis, by the industrial monopolies and by national and international finance capital.