Quotessence
Home / Books / Political Econ of Growth

Political Econ of Growth

Book by Paul A. Baran · 14 quotes · Capitalism, Development, Economic

Filter quotes by topic

Political Econ of Growth Quotes

“By elevating the dictum of the market to the role of the sole criterion of rationality and efficiency, economics denies even all "respectability" to the distinction between essential and non-essential consumption, between productive and unproductive labor, between actual and potential surplus.”

“The principal impact of foreign enterprise on the development of the underdeveloped countries lies in hardening and strengthening the sway of merchant capitalism, in slowing down and indeed preventing its transformation into industrial capitalism.”