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Quote by Paul A. Baran

“It has been estimated that even in the absence of net investment, the mere substitution of modern machinery for worn-out equipment in the United States would cause an annual productivity increase of approximately 1.5 percent.”

Quote by Paul A. Baran

Book:Political Econ of Growth

Work

Political Econ of Growth

This book delves into the intricate connections between political and economic elements that influence growth. It examines how political decisions and economic policies can impact a nation's development and prosperity. more

Author

Paul A. Baran was a prominent economist, born on August 25, 1909, and died on March 26, 1964. He had a significant impact on the field of economics, particularly in the areas of network theory and information theory. more

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“Indeed, the "whole bourgeoisie" on whose behalf the government was acting as its "committee" was a composite of a vast multitude of businessmen appearing as a conglomeration of many different and divergent groups and interests.”

Different Whole Government Interest Acting Groups Multitudes Committees Businessman Behalf Appearing Divergent Bourgeoisie Composites

Book:Political Econ of Growth

Source: Political Econ of Growth

“That the means of imperialist policy overshadow almost entirely its original ends has tremendous implications.”

Mean Ends Policy Originals Implications

Book:Political Econ of Growth

Source: Political Econ of Growth

“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.”

Country Eternal Capitalism Western Wide Dependent Thrown Internals Goods Treaties Colonization

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.”

Giving Building Capitalism Stations Construction Establishment Emergence Railway

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.”

Country Lying Development Capitalism Transformation Down And Impact Enterprise Principal Slow Down Merchants Preventing Strengthening Slowing Underdeveloped Countries

Book:Political Econ of Growth

Source: Political Econ of Growth

“The present Indian government, however, is neither able or willing to accept the challenge and to provide the leadership in breaking the resistance of urban and rural interests.”

Government Able Interest Challenges Accepting Willing Resistance Indian Urban Urban And Rural

Author:Paul A. Baran

“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.”

Helping Social Economic Needed Capitalism Rate Imperialism Advancement Alarms Attainment Secured Surplus Social Systems Mobilization

Book:Political Econ of Growth

Source: Political Econ of Growth

“As Hegel well knew, the ascent of reason has never followed a straight line.”

Wells Reason Lines Straight Lines Ascent Hegel

Book:Political Econ of Growth

Source: Political Econ of Growth

“In fact, all the additional knowledge gained by an irrationally constituted society may but enlarge and enhance the powers of death and destruction.”

May Facts Destruction Knowledge Gained

Book:Political Econ of Growth

Source: Political Econ of Growth

“To contribute to the emergence of a society in which development will supplant stagnation, in which growth will take the place of decay, and in which culture will put an end to barbarism is the noblest, and, indeed, the only true function of intellectual endeavor.”

Ends Culture Growth Development Intellectual Function Endeavor Decay Barbarism Emergence Stagnation

Author:Paul A. Baran