This paper revisits Bresser-Pereira’s (1984, 1986, 2002) integrated analysis on economic development, technological progress and functional income distribution. That analysis combines pure economic theory aspects and historical aspects in an innovative perspective. Criticisms about the succession of phases of capitalism development tentatively advanced by Bresser-Pereira (1984, 1986) are offered, as long as suggestions for further research.
KEYWORDS:
Economic growth; income distribution; technological progress