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This book upends the so-called post-neoliberal reading of the new wave of social and economic development in Brazil at the turn of the twentieth-first century. It uncovers what I term 'the Brazilian Paradox' that is, the recent ongoing shift towards a mass consumption society coterminous with the resilience of underdevelopment. I argue that the persistence of economic and social inequalities and of low levels of productivity shows that the long-hoped-for synergy between social and economic policy in Brazil was ruptured, thereby failing to engender a virtuous cycle of inclusive growth capable...

Unlike other regions around the world, several Latin American countries have managed to reduce income inequality over the last decade. Higher growth rates and growing employment, but also innovative wage policies and social programs, have contributed to reducing poverty and narrow income disparities. Yet, despite this progress, nation-states in the region demonstrate little capacity to substantially change their patterns of deeply rooted inequalities. Focusing on the limits and challenges of redistributive policies in Latin America, this volume synthesizes and updates the discussion of...