This paper applies the concept of inequality regime, in the tradition of the Regulation School, to the analysis of the patterns and drivers of socioeconomic inequality in Portugal in the last few decades. Key empirical patterns are identified with respect to income inequality, top and bottom incomes, wealth inequality, monetary poverty and non-commodified provision of basic goods. We then discuss several underlying processes and mechanisms, namely the capital-labour relation, classification struggles, financialisation, redistribution, and welfare, to account for the identified empirical patterns. We conclude that Portugal’s inequality regime is remarkably contradictory and argue that the country’s success in curbing most measures of inequality in recent times is especially vulnerable to a variety of pressures.
Abreu, A. (2023). “Portugal’s Inequality Regime: Many contradictions, multiple pressures”. Revista Crítica de Ciências Sociais, 130:127-156
The capitalist world-economy is immersed in a generalized inertia. A movement of slow accumulation, low investment, limited growth rates, but with a high level of profit, and which takes place through intense pressure on existing levels of inequality, combining a global restructuring of wealth and income generation with a reproduction of the workforce in terms of its limited maintenance. Inertia that can be seen, mainly, from the productive-financial crisis of the first decade of the 2000s. Brazil is not oblivious to this inertia and its consequences. This article intends, from a conceptual reflection, to discuss the elements that characterize what I call the accommodation structure of the Brazilian economy.
Moreira, Marcelo José (2021). “A primazia pela acomodação da economia brasileira”. Revista de Economia da UEG. 17(2), p. 44-65