“Indeed, I find it illuminating to consider to what extent our "classical conditions" for economic growth are satisfied in the current, monopolistic phase of capitalism.” GrowthEconomicConditionsCapitalismCurrentsSatisfiedPhasesEconomic GrowthIlluminating Book:Political Econ of Growth Source: Political Econ of Growth
“Schumpter's daring and dashing entrepreneur is now a legendary figure from the distant past - if not from the mythology of capitalism - or is to be found only in the demimonde of business, founding new ice cream parlors or "deep freeze subscription clubs".” IfsPastFoundFiguresCapitalismEntrepreneurClubsMythologyIceDaringCreamFoundingIce CreamFreezeLegendaryParlorDashingSubscription Author:Paul A. Baran
“Whatever market for manufactured goods emerged in colonial and dependent countries did not become the "eternal market" of these countries. Thrown wide open by colonization and by unequal treaties, it became an appendage of the "internal market" of Western capitalism.” CountryEternalCapitalismWesternWideDependentThrownInternalsGoodsTreatiesColonization Author:Paul A. Baran
“For it is no railways, roads, and power stations that give rise to industrial capitalism: it is the emergence of industrial capitalism that leads to the building of railways, to the construction of roads, and to the establishment of power stations.” GivingBuildingCapitalismStationsConstructionEstablishmentEmergenceRailway Author:Paul A. Baran
“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.” CountryLyingDevelopmentCapitalismTransformationDown AndImpactEnterprisePrincipalSlow DownMerchantsPreventingStrengtheningSlowingUnderdeveloped Countries Book:Political Econ of Growth Source: Political Econ of Growth
“The alarm must be sounded because it is the economic and social system of capitalism and imperialism that prevents the urgently needed full mobilization of the potential economic surplus and the attainment of rates of economic advancement that can be secured with its help.” HelpingSocialEconomicNeededCapitalismRateImperialismAdvancementAlarmsAttainmentSecuredSurplusSocial SystemsMobilization Book:Political Econ of Growth Source: Political Econ of Growth
