THE IMPLICATIONS OF THE CAPITAL CRISIS ON THE PUBLIC FUND

Abstract

The present article aims to discuss the implications of the structural and systemic crisis of capitalism and its repercussions on the public fund. For that, it is necessary to discuss, first, the role of the state in capitalism in order to later understand the theoretical and historical foundations of the public fund and the theoretical conflicts among authors such as Behring (2010), Oliveira (1998). To understand these implications, it is necessary to demonstrate the dual contradictory role of the state in capitalist society and the functions that the public fund possesses, as, on the one hand, it is important for the reproduction of the labor force, where the state seeks its legitimacy through social policies. On the other hand, the public fund plays a fundamental role in the development of capitalist accumulation, especially in the process of structural crisis of the capitalist system, where the state plays a role of helping capital.