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The historical logic of the mode of capital accumulation in Mozambique

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Resumo:This article critically analyses the political economy dynamics and trajectory of the mode of capital accumulation in postindependence Mozambique, focusing on the capitalist restructuring that followed the adoption of the Washington Consensus from the late 1980s. The article highlights the main structural characteristics, dynamics and tensions in the economy, the relationships and conflicts that explain why they reproduce and expand, what makes them change and the nature of the crises that emerge. The historical logic of the mode of capital accumulation is explored focusing on the historically built and class-structured conditions of capital accumulation, highlighting linkagency, which is the dynamic relationship between agents and linkages. The historically specific traits of the mode of accumulation in Mozambique are derived from the structures of accumulation and class struggle conditions, both domestic and international. The argument is that the recent trajectory of the Mozambican economy was not inevitable, and that it can be logically understood and derived from the existing historical conditions of accumulation. Understanding this historical logic enables us to articulate socially transformative actions which are drawn from the objective and concrete analysis of the mode of accumulation and its contradictions, countering idealistic perspectives in political economy.
Autores principais:Castel-Branco, Carlos Nuno
Assunto:linkagency capital accumulation financialisation political economy neoliberalism public debt Mozambique acumulação de capital financeirização economia política neoliberalismo dívida pública Moçambique
Ano:2022
País:Portugal
Tipo de documento:artigo
Tipo de acesso:acesso restrito
Instituição associada:Universidade de Lisboa
Idioma:inglês
Origem:Repositório da Universidade de Lisboa
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author Castel-Branco, Carlos Nuno
author_facet Castel-Branco, Carlos Nuno
author_role author
contributor_name_str_mv Repositório Científico de Acesso Aberto da ULisboa
country_str PT
creators_json_txt [{\"Person.name\":\"Castel-Branco, Carlos Nuno\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Repositório Científico de Acesso Aberto da ULisboa
datacite.creators.creator.creatorName.fl_str_mv Castel-Branco, Carlos Nuno
datacite.date.Accepted.fl_str_mv 2022-03-02T00:00:00Z
datacite.date.available.fl_str_mv 2022-03-25T11:49:06Z
datacite.date.embargoed.fl_str_mv 2022-03-25T11:49:06Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_16ec
datacite.subjects.subject.fl_str_mv linkagency
capital accumulation
financialisation
political economy
neoliberalism
public debt
Mozambique
acumulação de capital
financeirização
economia política
neoliberalismo
dívida pública
Moçambique
datacite.titles.title.fl_str_mv The historical logic of the mode of capital accumulation in Mozambique
dc.contributor.none.fl_str_mv Repositório Científico de Acesso Aberto da ULisboa
dc.creator.none.fl_str_mv Castel-Branco, Carlos Nuno
dc.date.Accepted.fl_str_mv 2022-03-02T00:00:00Z
dc.date.available.fl_str_mv 2022-03-25T11:49:06Z
dc.date.embargoed.fl_str_mv 2022-03-25T11:49:06Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10400.5/23908
dc.language.none.fl_str_mv eng
dc.publisher.none.fl_str_mv Review of African Political Economy
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_16ec
dc.subject.none.fl_str_mv linkagency
capital accumulation
financialisation
political economy
neoliberalism
public debt
Mozambique
acumulação de capital
financeirização
economia política
neoliberalismo
dívida pública
Moçambique
dc.title.fl_str_mv The historical logic of the mode of capital accumulation in Mozambique
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_6501
description This article critically analyses the political economy dynamics and trajectory of the mode of capital accumulation in postindependence Mozambique, focusing on the capitalist restructuring that followed the adoption of the Washington Consensus from the late 1980s. The article highlights the main structural characteristics, dynamics and tensions in the economy, the relationships and conflicts that explain why they reproduce and expand, what makes them change and the nature of the crises that emerge. The historical logic of the mode of capital accumulation is explored focusing on the historically built and class-structured conditions of capital accumulation, highlighting linkagency, which is the dynamic relationship between agents and linkages. The historically specific traits of the mode of accumulation in Mozambique are derived from the structures of accumulation and class struggle conditions, both domestic and international. The argument is that the recent trajectory of the Mozambican economy was not inevitable, and that it can be logically understood and derived from the existing historical conditions of accumulation. Understanding this historical logic enables us to articulate socially transformative actions which are drawn from the objective and concrete analysis of the mode of accumulation and its contradictions, countering idealistic perspectives in political economy.
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instname_str Universidade de Lisboa
language eng
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person_str_mv Castel-Branco, Carlos Nuno
publishDate 2022
publisher.none.fl_str_mv Review of African Political Economy
reponame_str Repositório da Universidade de Lisboa
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spelling engReview of African Political Economypt_PTThis article critically analyses the political economy dynamics and trajectory of the mode of capital accumulation in postindependence Mozambique, focusing on the capitalist restructuring that followed the adoption of the Washington Consensus from the late 1980s. The article highlights the main structural characteristics, dynamics and tensions in the economy, the relationships and conflicts that explain why they reproduce and expand, what makes them change and the nature of the crises that emerge. The historical logic of the mode of capital accumulation is explored focusing on the historically built and class-structured conditions of capital accumulation, highlighting linkagency, which is the dynamic relationship between agents and linkages. The historically specific traits of the mode of accumulation in Mozambique are derived from the structures of accumulation and class struggle conditions, both domestic and international. The argument is that the recent trajectory of the Mozambican economy was not inevitable, and that it can be logically understood and derived from the existing historical conditions of accumulation. Understanding this historical logic enables us to articulate socially transformative actions which are drawn from the objective and concrete analysis of the mode of accumulation and its contradictions, countering idealistic perspectives in political economy.application/pdfpt_PTThe historical logic of the mode of capital accumulation in MozambiqueCastel-Branco, Carlos NunoHostingInstitutionOrganizationalRepositório Científico de Acesso Aberto da ULisboae-mailmailto:repositorio@reitoria.ulisboa.ptrepositorio@reitoria.ulisboa.ptISSNIsPartOf0305-6244 (print)ISSNIsPartOf1740-1720 (online)DOIIsPartOf10.1080/03056244.2022.20402252022-03-25T11:49:06Z2022-03-022022-03-02T00:00:00ZHandlehttp://hdl.handle.net/10400.5/23908http://purl.org/coar/access_right/c_16ecrestricted accesslinkagencycapital accumulationfinancialisationpolitical economyneoliberalismpublic debtMozambiqueacumulação de capitalfinanceirizaçãoeconomia políticaneoliberalismodívida públicaMoçambique3081448 bytesliteraturehttp://purl.org/coar/resource_type/c_6501journal articlehttp://purl.org/coar/access_right/c_16ecapplication/pdffulltexthttps://repositorio.ulisboa.pt/bitstreams/cdf5fc09-01d8-4cbf-a2c8-63c34fb9b5b9/downloadReview of African Political Economy491711145London
spellingShingle The historical logic of the mode of capital accumulation in Mozambique
Castel-Branco, Carlos Nuno
linkagency
capital accumulation
financialisation
political economy
neoliberalism
public debt
Mozambique
acumulação de capital
financeirização
economia política
neoliberalismo
dívida pública
Moçambique
status SINGLETON
subject.fl_str_mv linkagency
capital accumulation
financialisation
political economy
neoliberalism
public debt
Mozambique
acumulação de capital
financeirização
economia política
neoliberalismo
dívida pública
Moçambique
title The historical logic of the mode of capital accumulation in Mozambique
title_full The historical logic of the mode of capital accumulation in Mozambique
title_fullStr The historical logic of the mode of capital accumulation in Mozambique
title_full_unstemmed The historical logic of the mode of capital accumulation in Mozambique
title_short The historical logic of the mode of capital accumulation in Mozambique
title_sort The historical logic of the mode of capital accumulation in Mozambique
topic linkagency
capital accumulation
financialisation
political economy
neoliberalism
public debt
Mozambique
acumulação de capital
financeirização
economia política
neoliberalismo
dívida pública
Moçambique
topic_facet linkagency
capital accumulation
financialisation
political economy
neoliberalism
public debt
Mozambique
acumulação de capital
financeirização
economia política
neoliberalismo
dívida pública
Moçambique
url http://hdl.handle.net/10400.5/23908
visible 1