Conference paper

HIERARCHICAL CAPITALISM IN LATIN AMERICA: COMPARATIVE ANALYSIS WITH OTHER ECONOMIES

Edgar J. Saucedo A. orcid.org/0000-0002-0373-7804 ; Institute of Economics and Social Studies, University of Veracruz, Mexico
Samantha Rullán ; Institute of Economics and Social Studies, University of Veracruz, Mexico
Luis F. Villafuerte V. ; Faculty of Administrative and Social Sciences, University of Veracruz , Mexico

Abstract

The Latin American capitalism is hierarchical (Schneider, 2009), due to the existence of monopolies and oligopolies and with high influence of multinationals and large national companies. That situation has an impact on several variables, both economic and social. The aim of this paper is to compare the three largest economies in Latin America (Brazil, Mexico and Argentina) with other economies that have another type of capitalism, in that way we can extract some effects of the hierarchical capitalism in Latin America. The comparison is based on the following variables: economic growth, innovation and democracy.

Keywords

Latina America; hierarchical capitalism; comparative analysis

Hrčak ID:

161613

URI

https://hrcak.srce.hr/161613

Publication date:

1.10.2015.

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