Aglietta’s legacy for Latin America: sovereign money as an institutional precondition for development

1. IntroductionLatin American structuralism articulated a foundational diagnosis of peripheral capitalism, emphasizing structural heterogeneity, sectoral bottlenecks, and the balance-of-payments constraints. However, it often relegated money to a secondary role—treating it primarily as an accommoda...

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Bibliografske podrobnosti
izdano v:URI:https://journals.openedition.org/regulation,
Auteurs principaux: Panigo, Demian, Carrera, Jorge, Chena, Pablo
Format: Article ou chapitre numérique
Jezik:Français
Izdano: Revue de la régulation 2026
Online dostop:Accès Université d'Orléans et IFPM
Accès Université d'Orléans et IFPM
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Izvleček:1. IntroductionLatin American structuralism articulated a foundational diagnosis of peripheral capitalism, emphasizing structural heterogeneity, sectoral bottlenecks, and the balance-of-payments constraints. However, it often relegated money to a secondary role—treating it primarily as an accommodating variable rather than as a constitutive institution that organizes expectations, asset hierarchies, and the political settlement around the unit of account (Prebisch, 1950). This limitation bec...