Sahley, Caroline M
(1995)
The political evolution of the industrial bourgeoisie in Peru: Industrialists, bankers and the Garcia government, 1985-1990.
PhD thesis, London School of Economics and Political Science.
Abstract
This thesis examines the political evolution of the industrial bourgeoisie in Peru. It argues that the industrial bourgeoisie has been undergoing a rapid and dynamic process of economic development and political formation in the period since the reforms of 1968 which reduced the power of the landed oligarchy. The experience of the Garcia government (1985-1990) is used as a case study to illustrate the changing role of industrialists in the Peruvian development process. The Garcia government, a populist government with reformist tendencies and redistributive objectives, nonetheless attempted to forge an alliance with the industrial bourgeoisie as part of its heterodox economic strategy. This approach was later abandoned, as the government attempted to gain greater autonomy from the bourgeoisie through the expropriation of the financial system. This thesis examines the way in which the industrial bourgeoisie organises itself to intervene in politics, and considers the political and economic factors which acted to stimulate this political development. In this period, industrialists demonstrated an increased ability to forge alliances with other fractions of the bourgeoisie to act collectively in the political sphere; first, through the formation of a confederation of industrial organisations known as CONFIEP, and second, through the successful opposition to the expropriation of the financial system in 1987. This thesis concludes, therefore, that the Garcia government acted as a catalyst for the political development of the industrial bourgeoisie which by 1990 had become a more prominent social and political actor.
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