GLOBALIZATION OF CAPITAL AND PERIPHERAL CAPITALISM: a new form of dependence and the reconfiguration of the StateThis article aims to discuss the relationships between the main phenomena that have shaped and characterize contemporary capitalism worldwide, namely: neoliberalism, productive restructuring and the financialization of capital accumulation - phenomena that have been taking shape and mutually retroacting over a process that has lasted almost 50 years. Although present in all countries, products of a new phase of the globalization of capital, they are expressed differently (in degree, quality and consequences) in central and peripheral countries. Therefore, more specifically, the article highlights its particularities in dependent capitalist countries, with the constitution, from the crisis of “Developmentalism” in these countries (1980s), of a new mode of dependence, in which the reconfiguration of the State and the transfer of surpluses from the periphery to the center stand out, in the form of new types of financial income and knowledge income.
Key words:
Globalization of Capital; Financialization; Neoliberalism; Dependent Capitalism; State