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Diego Ayala

Political Economy of the Spanish Miracle: State, Labor and Capital, 1931–1973

Political Economy of the Spanish Miracle: State, Labor and Capital, 1931–1973

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  • More about Political Economy of the Spanish Miracle: State, Labor and Capital, 1931–1973

Spain experienced rapid economic development in the 1950s and 1960s, often attributed to market forces and the Franco regime's policies. Political Economy of the Spanish Miracle offers an alternative perspective, analyzing the Miracle from an interdisciplinary political economy perspective that considers capitalist growth as a complex interaction between capitalists, workers, and the state. The book explores the Miracle's roots in the Spanish Civil War, regime class structure, and the Cold War's international political economy. It challenges conventional understandings and places Spain in comparative discussions of development.

Format: Hardback
Length: 250 pages
Publication date: 05 December 2023
Publisher: Taylor & Francis Ltd


Spain experienced one of the most remarkable economic transformations in the world during the 1950s and 1960s, commonly referred to as the "Spanish Miracle." While most analyses attribute this phenomenon to the unleashing of market forces and the economic policies implemented by the Franco regime in the 1950s, Political Economy of the Spanish Miracle offers a different perspective. This book explores the Spanish economic development from an interdisciplinary political economy lens, treating capitalist growth as a complex and dynamic interplay between capitalists, workers, and the state.

The Spanish Miracle is intricately linked to the profound social changes that emerged after the Spanish Civil War. The class structure of the regime that came to power following the war played a crucial role in shaping the economic landscape. Additionally, the interaction between domestic social struggles under the Franco regime and Spain's integration into the international political economy of the Cold War capitalist world further contributed to the Miracle.

With its ambitious scope, Political Economy of the Spanish Miracle aims to revise conventional understandings of Spanish economic growth and place Spain within the broader context of development in the twentieth century. This book will appeal to readers interested in political economy, economic sociology, historical sociology, and Spanish and European history, offering valuable insights into this remarkable period of Spanish history.

Weight: 639g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032580388

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