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. 47 n. 1 Rio de Janeiro 2004
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Abstract
During the last decade Brazil has witnessed the expansion and differentiation of its financial field, with a major impact on society and the composition of its elites. I analyze this process based on data concerning the new players and the instruments they disseminate in companies and other organizations in Brazilian society. These include both financial instruments per se and organizational tools based on the same logic. I seek to demonstrate that the quest for legitimacy for new players and instruments has led to a new cultural judgment on what constitutes societys 'general interest', which drastically constrains action by the different governments and partially explains the paradoxes faced by the Lula Administration in its first year.
Keywords: economic sociology, sociology of finance, arbitration, cultural warfare, economic culture
DOI: 10.1590/S0011-52582004000100001
Recent trends in the financial field in Brazil and some impacts on the political scenario
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