Dados is one of the most widely-read social sciences journals in Latin America. Created in 1966, it publishes innovative works, originating from academic research, by Brazilian and foreign authors. Edited by IESP-UERJ, it aims to reconcile scientific rigor and academic excellence with an emphasis on public debate based on the analysis of substantive issues of society and politics.
Dados vol. 31 n. 1 Rio de Janeiro 1988
Abstract
This article presents an interpretation of the current state of the US political economy through an examination of the issue of protectionism. It presents an analytical framework for the study of socio-economic issues, which is basically historical- structural. In this framework, three elements must be considered from a historical perspective and concomitantly: 1) the country's international situation; 2) its domestic economic developments; and 3) the structure of the political arena. These methodological considerations are illustrated with both a historical account and an attempt to grasp the present meaning of US tariff policies. Substantively, the author argues that the US economic productive model is presently undergoing a structural crisis. Under these circumstances, resorting to protectionism is not likely to solve the problem. It might only postpone, but at the same time contribute to (by reinforcing decadent structures) the breakdown of the system. The formulation of some sort of industrial policy would be the best solution to the crisis. Nevertheless, due to ingrained traits of the American political system, these policies might never be brought about. Furthermore, certain characteristics of the Congress enhance the possibility of sweeping protectionist measures.
Uma Interpretação da Condição Atual da Economia Política dos Estados Unidos e a Questão do Protecionismo
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