Predatory instinct and the sense of economic development in Brazil Colony: an interpretation based on a Veblenian institutionalist approach

Abstract

This article aims to or retake the theory of Veblen's instincts and, consequently, its incorporation into an alternative institutional institutional approach for reading institutions and regularities of the economic system of societies. This approach takes into account the instincts affected in a system composed by: social emulation habits, power tools and a motivation system present within the productive activities. Then use this new analytical model to interpret the meaning of the economic and social economy used in the Brazilian colonial period, as well as its impacts on institutions.