Abstract

The article discusses the fundamentals of primitive accumulation in the Itajai Valley since the methodology for institutional analysis proposed by Karl Polanyi for the study of the market economy and its effects on local livelihoods, productive appropriation and state development since the nineteenth century. By means of a revision of the propositions of Florestan Fernandes, Caio Prado Junior and Oliveira Vianna in parallel to the work of Klaus Richter and Maria Luiza Renaux-Hering to determine how the inherent economic constitution of the Brazilian state conflicts can be identified in the context of the Valley Itajai since the founding of the Colony Blumenau. Presents critical insights into the determinants of integration of Vale do Itajai region in the Brazilian economy related to expansion of the world economy characteristic of the nineteenth and early twentieth centuries. It is shown how the commercial and political relations of the period were aimed at building public institutions able to provide legal and policy provisions for conducting transactions that fed the process dependence of the local economy to foreign investments and federal funds. Highlights the double articulation dependent sustained since the systematic exploitation of the workforce of national and foreigners formed the Brazilian migrant population of the region. JEL-Code | N96; O18; R13.

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