The main purpose of this article is to discuss the dynamics of the functioning of the Institutions, the
State, and Capital at the frontier of the State of Pará, based on the logic of capitalist economic
development. For this, the methodology chosen involved the use of the deductive method because
part of the general, that is, the discussion under the aegis of the new institutional economy on the
function of the State, Capital and Institutions and, consequently, the inductive method because it
considered the It is worth noting that the new institutional economy seeks to demonstrate that markets
are not as efficient - as propagated by the mainstream - and that state intervention can, in fact,
including improving the situation of the market itself, provided that there are institutions responsible for
establishing the "rules of the game". However, the frontiers represent the locus of noncompliance with
the laws within an organized and democratic civil society, especially the Paraense frontier, still beset
by remnants of primitive accumulation of capital. The main conclusion of this article is to demonstrate
that a socially and economically evolved institutional system can help promote economic development by structuring the environment and stimulating the process of cooperation, innovation and learning,
especially in the Paraense frontier , even though it is dominated by capital.
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