“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.”

—  Paul A. Baran

Source: The Political Economy Of Growth (1957), Chapter Seven, Towards A Morphology Of Backwardness, II, p. 244

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Paul A. Baran24
American Marxist economist 1909–1964

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