Open AccessDie Notwendigkeit einer alternativen Entwicklungsstrategie
Author(s) -
R Arturo Guillén
Publication year - 2006
Publication title -
prokla
Language(s) - English
Resource type - Journals
eISSN - 2700-0311
pISSN - 0342-8176
DOI - 10.32387/prokla.v36i142.573
Subject(s) - latin americans , capitalism , structuralism (philosophy of science) , currency , politics , economics , debt , income distribution , neoclassical economics , economic history , political science , philosophy , inequality , monetary economics , macroeconomics , law , epistemology , mathematical analysis , mathematics
Furtado was one of the most important economic thinkers of Latin America. Together with Raul Prebisch he was the founder of Latin American Structuralism in developmental theory. In this article, Furtados approach is discussed in view for an economic model alternative to the neoliberal one. Three main points are emphasized: income distribution and its implication for the development of capitalism, the tendency increasing external debts, and the role of monetary and currency politics.