The Takeover of Social Policy by Financialization
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"This book offers an outstanding critical account of the trajectory of social policy under Presidents Lula and Rousseff, charting how it has succumbed in form and content to the imperatives of 'financialization'. This is an exemplary work of scholarship, integrating deep theoretical understanding with close analysis of empirical developments and policymaking." (Ben Fine, School of Oriental and African Studies (SOAS), University of London, UK)"A powerful explanation for the ascension and dramatic implosion of the Brazilian model of growth and social inclusion. This book provides a unique and theoretically well-informed blending of macroeconomic, fiscal, and social policy analysis." (Barbara Fritz, Free University of Berlin, Germany)
"Lavinas illuminates the paradox of a country where an emerging mass-consumer society coexists with persisting limits for the consolidation of permanent mechanisms for redistribution. This is a must-read book for anyone interested in Brazil." (Ruben Lo Vuolo, CIEPP, Argentina)
"In this book Lavinas makes a deep and broad analysis of how financialization has reshaped market societies and social protection schemes with the advance of the commodification of social services, with special focus on the recent 'social developmentalism' Brazilian experience. Anybody who wishes to acquire full understanding of the process of the takeover of social policy by financialization should read this book." (Luiz Fernando de Paula, Rio de Janeiro State University, Brazil)
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Lena Lavinas is Professor of Welfare Economics at the Institute of Economics at the Federal University of Rio de Janeiro, Brazil, and Senior Researcher at the Brazilian National Research Council (CNPQ). Her most recent appointment was as a fellow (2016-2017) at the Wissenschaftskolleg (Institute for Advanced Study) in Berlin.