“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

Source: The Political Economy Of Growth (1957), Chapter Eight, The Steep Ascent, p. 249

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Paul A. Baran24

American Marxist economist 1909–1964

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“It has become ever clearer that underdevelopment is the end result of a process. Therefore, it must be studied from a historical perspective, that is, in relationship to the development and expansion of the great capitalist countries. The underdevelopment of the poor countries, as an overall social fact, appears in its true light: as the historical by-product of the development of other countries. The dynamics of the capitalist economy lead to the establishment of a center and a periphery, simultaneously generating progress and growing wealth for the few and social imbalances, political tensions, and poverty for the many.”

Gustavo Gutiérrez (1928) Peruvian theologian

Source: A Theology of Liberation (1971), p. 54

“The world socialist system, which includes in its fold over 1 billion people with a big economic and military potential continually growing at unprecedented rates, has become today the decisive factor in the development of the world history. It exerts a tremendous influence on the world; it has become a great attractive and revolutionizing force. The world socialist system is showing with every passing day its indisputable superiority over the capitalist system. It has become the shield of all the progressive forces of the world, the impregnable bulwark of freedom and peace, democracy and socialism.”

Enver Hoxha (1908–1985) the Communist leader of Albania from 1944 until his death in 1985, as the First Secretary of the Party of L…

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“By 1910-14, Hobson had drifted far from the arguments of Imperialism: A Study and was now writing of imperialism as a phase in the extension of a benign, global capitalist network and one that would eventually lead to an economic convergence between the developed and underdeveloped worlds, to world peace and eventually to some form of world government.”

Peter Cain (1958) figure skater

Source: J. A. Hobson's Imperialism: A Study: A Centennial Retrospective (2002), p. 3.

“The striking parallel between the economic models that are currently under discussion and some engineering systems suggests the hope that in some way the rapid progress in the development of the theory and practice of automatic control in the world of engineering may contribute to the solution of the economic problems.”

Arnold Tustin (1899–1994) British engineer

Source: The Mechanism of Economic Systems (1953), p. 1

“But the capitalist idea of profitability actually becomes an economic nonsense in the branches of our economy that today rule everything, in the banking and stock-exchange system. The fact of the ruling position of the banks proves most strikingly the economic senselessness of the capitalist idea. With the ‘productions’ of the banks and stock-exchanges never yet has a child been fed, never yet has a freezing person been clothed, in general never has even the smallest requirement that is necessary for life been supplied.”

Gottfried Feder (1883–1941) German economist and politician

Source: The German State on a National and Socialist Foundation (1923), p. 28

“We must now try to sum up, to draw together the threads of what has been said above on the subject of imperialism. Imperialism emerged as the development and direct continuation of the fundamental characteristics of capitalism in general. But capitalism only became capitalist imperialism at a definite and very high stage of its development, when certain of its fundamental characteristics began to change into their opposites, when the features of the epoch of transition from capitalism to a higher social and economic system had taken shape and revealed themselves in all spheres. Economically, the main thing in this process is the displacement of capitalist free competition by capitalist monopoly.”

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Source: Imperialism, The Highest Stage of Capitalism (1917), Chapter Seven

“The notion of "system" has gained central importance in contemporary science, society and life. In many fields of endeavor, the necessity of a "systems approach" or "systems thinking" is emphasized, new professions called "systems engineering," "systems analysis" and the like have come into being, and there can be little doubt that this this concept marks a genuine, necessary, and consequential development in science and world-view.”

Ervin László (1932) Hungarian musician and philosopher

Source: Introduction to Systems Philosophy (1972), p. xvii.

“I suggest that the hon. gentleman may be a good corporation lawyer, but he is slipping badly in his history. The capitalist system did not produce the machine age; the machine age produced the capitalist system. The material prosperity that the world has enjoyed for the last seventy-five years or one hundred years has been due to the introduction of power; steam power, then electric power and the internal combustion engine. The capitalist system or the free enterprise system - the terms are synonymous and interchangeable - was the product of the power age. The capitalist system did not produce the power age.”

Tommy Douglas (1904–1986) Scottish-born Canadian politician

Budget Debate, House of Commons, Ottawa, Ontario, March 22, 1943.

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Source: How Europe Underdeveloped Africa (1972), p. 253

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