Economic Democracy – Meeting Some Management Challenges: Changing Scenarios in Brazil

PROBLEMY EKOROZWOJU – PROBLEMS OF SUSTAINABLE DEVELOPMENT 2013, vol. 8, no 2, 17-25

10 Pages Posted: 11 Jul 2013

See all articles by Ladislau Dowbor

Ladislau Dowbor

Catholic University of Sao Paulo

Date Written: June 11, 2013

Abstract

Orthodoxy is failing, both in the traditional statism and the free-market approaches. Inequality is becoming a key issue world-wide, aggravated by environmental dramas and the financial chaos. The Brazilian approach can be seen as basically pragmatic. It is reducing inequality through simple measures, which are expanding internal consumption, and opening new opportunities for business and jobs. Financial support is not going to banks, but to productive sectors most hit by the international turmoil, and this is maintaining low unemployment. Environmental issues, particularly the destruction of the Amazon forest, are being faced through strong support for the greening initiatives, and social infrastructure in cities. However fragile in this international context, this down-to-earth approach brings lessons that can be useful to consult.

Keywords: sustainable development, economic democracy, inequity, Brazil

JEL Classification: O13, Q20, Q32, Q41, R11, M14

Suggested Citation

Dowbor, Ladislau, Economic Democracy – Meeting Some Management Challenges: Changing Scenarios in Brazil (June 11, 2013). PROBLEMY EKOROZWOJU – PROBLEMS OF SUSTAINABLE DEVELOPMENT 2013, vol. 8, no 2, 17-25 , Available at SSRN: https://ssrn.com/abstract=2292378

Ladislau Dowbor (Contact Author)

Catholic University of Sao Paulo ( email )

984, Perdizes
Sao Paulo, 05014-901
Brazil

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