Unionism, productive restructuring and finance capitalism

Vol. 41 No. 2 (2021)

Apr-Jun / 2021
Published March 30, 2021
PDF-Portuguese (Pt-BR)
PDF-Portuguese (Pt-BR)

How to Cite

Oliveira, Janaína de, Maria Chaves Jardim, and Sidney Jard da Silva. 2021. “Unionism, Productive Restructuring and Finance Capitalism”. Brazilian Journal of Political Economy 41 (2), 426-43. https://doi.org/10.1590/0101-31572021-3026.

Unionism, productive restructuring and finance capitalism

Janaína de Oliveira
Doutoranda do Programa de Pós-Graduação em Ciências Sociais – UNESP. Araraquara/SP, Brasil.
Maria Chaves Jardim
Professora do Departamento de Ciências Sociais da Faculdade de Ciências e Letras da UNESP de Araraquara, Araraquara/SP, Brasil.
Sidney Jard da Silva
Professor do Centro de Engenharia, Modelagem e Ciências Sociais Aplicadas da Universidade Federal do ABC – CECS/UFABC, Santo André/SP, Brasil.
Brazilian Journal of Political Economy, Vol. 41 No. 2 (2021), Apr-Jun / 2021, Pages 426-443


The article is part of contemporary discussions that challenge economic sociology and the sociology of work to reflect on a new socioeconomic phenomenon: the arrival of trade unionists in the financial market, through creation and, above all, the management of pension funds. Social actors of the construction of this new financial phenomenon, unionists come to (re)signify not only their strategies, but also their speeches, adding moral and social questions to the interests of the market. The work demonstrates that using the logic of capitalism itself in the fight against financialization of the economy and the productive restructuring would be the new ethos of Brazilian unionism.

JEL Classification: J51.

Keywords: Finance capitalism, pension funds, trade unions, productive restructuring