Abstract
ABSTRACT Ignacio Rangel stands out as the most creative and original Brazilian economist of the 20th century. He is a Marxist known for challenging the two dominant schools of thought in Brazil and Latin America—neoclassical and structuralist. His work is regaining relevance as the political economy he developed offers relevant answers to contemporary Brazilian challenges. Moreover, one of his most significant works, “Elements of Projectment Economy,” has become important in assisting the understanding of the historical form emerging in China since 1978 as a new socio-economic formation. Rescuing and developing Rangel’s contributions to scientific socialism may be seen as a response to Xi Jinping’s call to open up new horizons for Marxist political economy in light of developments in China and the world.
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