In neoliberalism times, Brazil has experienced a new phase of capitalist development that began in FHC's era and deepened under Lula and Dilmas's leadership. Following the structural changes, there is the emergence of an ideology as a guide to direct the capitalist development in Brazil - the new developmentalism. This article is a contribution to the critique of contemporary Brazilian political economy, and it explains its limits from the Marxian's (and luckasian) concept of ideological decadence.
New developmentalism; Ideological decadence; Critique of political economy