Dependent Capitalisms in Contemporary Latin America and Europe

This book contributes to the current revival of dependency approaches for the analysis of global capitalism. Reflecting on contemporary uses of the “Dependency Research Program” (DRP) and a refined analytical toolkit, it makes two distinctive contributions to this revival: the analysis of new “situations of dependency”, and the understanding of the “mechanisms of dependency”. The individual chapters draw from a wide range of cases and data from Latin America and Europe and imbricate concepts and ideas from the DRP with those of other approaches, from post-Keynesian economics to structural economics, institutional economics, regulation theory, comparative capitalisms, business politics, economic geography and critical finance studies, providing a rich array of possibilities for virtuous inter-disciplinary cross-fertilization. This volume is a valuable contribution for those interested in understanding how global capitalism works in Latin America, Europe and beyond.

Aldo Madariaga is Assistant Professor at the School of Political Science, Universidad Diego Portales. He is the author of Neoliberal Resilience: Lessons in Democracy and Development from Latin America and Eastern Europe (Princeton University Press, 2020), and the winner of the honorary mention for 2021 best book by the IPE section, International Studies Association (ISA).

Stefano Palestini is Assistant Professor of International Relations at the Institute of Political Science, Pontificia Universidad Católica de Chile. His work has been published in international journals such as World Politics, Governance and the Journal of International Relations and Development.