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What is Financial Capital Domination in Brazil about?

The document empirically analyzes the thesis of the domination of financial capital in Brazil over the last quarter century. The main points are: (1) Financial capital outperformed productive capital and labor, with private banks having the highest profit rates; (2) Economic policies with high interest rates benefited financial capital to the detriment of growth and income distribution; (3) There were changes in the structure of productive capital with privatizations and

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