Luiz Carlos Bresser-Pereira
Desarrollo Economico - Revista de Ciencias Sociales, 55 (14), 1974: 569-588.
This paper elaborates on the 1970 article, "Dividir ou multiplicar: A distribuição da renda e a recuperação da economia brasileira", claiming that the ongoing Brazilian "economic miracle" signalled a new model of development export oriented and making consistent aggregate demand and supply of luxury goods by concentrating income from the middle class upwards.