Abstract

NOTARO, Jorge. Adjustment Policy and Class Struggle. Uruguay, 2015-2019. Ens. Econ. [online]. 2022, vol.32, n.61, pp.59-79.  Epub Mar 13, 2023. ISSN 0121-117X.  https://doi.org/10.15446/ede.v32n61.96843.

The aim of the article is to show the relationship of some Economic Policy decisions in Uruguay, from 2015 to 2019, with the demands of groups that can be considered social classes according to the definition adopted. An interdisciplinary, heterodox methodology was used, with influences from Lukács (1969) considering society as a whole in motion and from García (2006) with his definition of "complex system" that guides the analysis of the interrelationships of Economic Policy, as a piece of a complex and vast social gear, in a double sense, as conditioned and as conditioning. It was concluded that a heterodox adjustment was implemented, the objectives were the characteristics of these policies but the instrumentation incorporated innovations. The satisfaction of financial capital was manifested both in its speech, expressed by the International Monetary Fund and the risk rating agencies, and in its practice, due to the growing demand for sovereign bonds. The policy that was instrumentalized as a strategy of the alliance of dominant classes hegemonized by financial capital was imposed despite the opposition of the popular organizations, in the struggle for the appropriation of the economic surplus and domination.

JEL: A12; E60; F60; H11; P16.

Keywords : economic policy; adjustment policy; methodology; interdiscipline; complex system; social classes.

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