"OVEREXPLOITATION OF THE WORKFORCE AND CONCENTRATION OF WEALTH: KEY ISSUES FOR DEVELOPMENT POLICY IN BRAZILIAN PERIPHERAL CAPITALISM"

"This article aims to work out transformational proposals for development policies in Brazil sustained by Ruy Mauro Marini’s analysis of the nature of peripheral capitalism in Latin America.In his analysis, superexploitation is constituted as a category showing the structural conditions of capitalism in Latin America, which tend to reproduce. In his most important work—Dialectics
of Dependence (1973 [2000])—Marini shows that this very specific Latin American capitalism is deformed as compared to that observed in advanced countries. In this case, superexploitation does not impair the reproduction of labor power, but it limits the dynamics of accumulation through the extraordinary concentration of income and wealth. Considering that the political stance of Marini is clearly revolutionary, the proposals are valid only as an exegesis of his thought, and are
not presented as a result of its theoretical propositions. The idea is to associate superexploitation and concentration of wealth, showing that the sui generis nature of peripheral capitalism represents a concentration of wealth and income much higher than that observed in developed capitalism."