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Paul A. Baran -
Capitalist
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In a capitalist country foreign trade, like any other trade, is carried on by individual firms, and individual firms cannot be guided in their activities by "global"considerations, by concern with the impact of their operations on the economy as a whole.
Paul A. Baran
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It is in underdeveloped world that he central, overriding fact of our epoch becomes manifest to the naked eye: the capitalist system, once a mighty engine of economic development, has turned into a no less formidable hurdle to human advancement.
Paul A. Baran
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But when reason and the study of history began revealing the irrationality, the limitations, and the merely transitory nature of the capitalist order, bourgeois ideology as a whole and with it bourgeois economics began abandoning both reason and history.
Paul A. Baran
Quote of the day
What the insurance companies have done is to reverse the business so that the public at large insures the insurance companies.
Gerry Spence
Paul A. Baran
Born:
August 25, 1909
Died:
March 26, 1964
(aged 54)
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