Do consenso Keynesiano ao pós-consenso de Washington

Abstract

The paper takes stock of the Keynesian Consensus - Washington Post Consensus trajectory, showing that state intervention, in the form of economic policy, which had prevailed in the postwar period as a way of ensuring the conciliation of capitalist interests and working class, and regulating economic activity, while maintaining high levels of economic growth / development, is deeply questioned in the years to come thanks to the emergence of a new economic and financial institution and the hegemony of a new political project of society, the neoliberalism. Thus, the political commitments that prevailed during the Keynesian Consensus, which were with full employment and the expansion of social rights, are abandoned after the 1970s crisis, following the implementation of the structural reforms emanating from the Washington Consensus and reaffirmed in the Post- Washington Consensus. Since one of the main commitments made by economic policy since then is to maintain monetary stability, even if other macroeconomic variables are to be sacrificed.