“The market theory is, there should be international mobility of capital. I said, why not international movement of labour? Marketing theory only envisages mobility of all factors of production. That means their medicines can come, but our doctors cannot go. Their engineering goods can come, our engineers cannot go. Secondly, they want the developing countries to open up but deny them access to technology. Certainly, our economies have been too protected. But that has to go gradually.”

We are ruled by an upper caste Hindu raj

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V. P. Singh27

Indian politician 1931–2008

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“If our engineers became politicians, Huawei would have collapsed. Engineers should focus on developing good products. They don't need to read about politics. What's the point of them caring about political issues? If our engineers are all out protesting, who is going to pay them?”

Ren Zhengfei (1944) Chinese businessman

Interview with the Economist (September 10, 2019)

“The multinational corporation and international production reflect a world in which capital and technology have become increasingly mobile, while labor has remained relatively immobile.”

Robert Gilpin (1930–2018) Political scientist

Source: The Political Economy of International Relations (1987), Chapter Six, Multinational Corporations, p. 260

“Ricardo's theory is absolutely right—within its narrow confines. His theory correctly says that, accepting their current levels of technology as given, it is better for countries to specialize in things that they are relatively better at. One cannot argue with that. His theory fails when a country wants to acquire more advanced technologies—that is, when it wants to develop its economy. It takes time and experience to absorb new technologies, so technologically backward producers need a period of protection from international competition during this period of learning. Such protection is costly, because the country is giving up the chance to import better and cheaper products. However, it is a price that has to be paid if it wants to develop advanced industries. Ricardo's theory is, thus seen, for those who accept the status quo but not for those who want to change it.”

Ha-Joon Chang book Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism

Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 2: 'The double life of Daniel Defoe; How did the rich countries become rich?', The double life of the British economy, p. 47

“The paper develops a simple macroeconomic framework for the study of exchange rate movements. The purpose is to develop a theory that is suggestive of the observed large fluctuations in exchange rates while at the same time establishing that such exchange rate movements are consistent with rational expectations formation. In developing a formal model we draw on the role of asset markets, capital mobility, and expectations that have been emphasized in recent literature.”

Rudiger Dornbusch (1942–2002) German economist

Rudiger Dornbusch, "Expectations and exchange rate dynamics." The journal of political economy (1976): 1161-1176. p. 1161

“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.”

Paul A. Baran (1909–1964) American Marxist economist

Source: The Political Economy Of Growth (1957), Chapter Six, Towards A Morphology Of Backwardness, I, p. 174

“International law. Our country should also support efforts which are being made toward the codification of international law. We can look more hopefully, in the first instance, for research and studies that are likely to be productive of results, to a cooperation among representatives of the bar and members of international law institutes and societies, than to a conference of those who are technically representative of their respective governments, although, when projects have been developed, they must go to the governments for their approval. These expert professional studies are going on in certain quarters and should have our constant encouragement and approval.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Second State of the Union Address (1924)

“And when girls cannot go to school and grow up not knowing how to read or write -- that denies the world future women engineers, future women doctors, future women business owners, future women presidents -- that sets us all back. That's a bad tradition -- not providing our girls the same education as our sons.”

Barack Obama (1961) 44th President of the United States of America

2015, Remarks to the People of Africa (July 2015)
Context: And when girls cannot go to school and grow up not knowing how to read or write -- that denies the world future women engineers, future women doctors, future women business owners, future women presidents -- that sets us all back. That's a bad tradition -- not providing our girls the same education as our sons. I was saying in Kenya, nobody would put out a football team and then just play half the team. You’d lose. The same is true when it comes to getting everybody and education. You can't leave half the team off -- our young women.

“Producers in developing countries entering new industries need a period of (partial) insulation from international competition (through protection, subsidies and other measures) before they can build up their capabilities to compete with superior foreign producers. Of course, when the infant producers 'grow up' and are able to compete with the more advanced producers, the insulation should go. But this has to be done gradually. If they are exposed to too much international competition too soon, they are bound to disappear.”

Ha-Joon Chang book Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism

Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 3, Poor theory, poor results, p. 73

“At the heart of the matter… our technologies have become more powerful than our theories… We can do with technology what we cannot do with science.”

Paul Cilliers (1956–2011) South African philosopher

Source: Complexity and Postmodernism (1998), p. 1-2; as cited by David Byrne (1999) in: " Complexity and Postmodernism: Book Review http://jasss.soc.surrey.ac.uk/2/2/review1.html" in JASSS Vol 2 (2)

“In just one month, the United States has worked with our international partners to mobilize a broad coalition, secure an international mandate to protect civilians, stop an advancing army, prevent a massacre, and establish a no-fly zone with our allies and partners.”

Barack Obama (1961) 44th President of the United States of America

2011, Address on interventions in Libya (March 2011)
Context: In just one month, the United States has worked with our international partners to mobilize a broad coalition, secure an international mandate to protect civilians, stop an advancing army, prevent a massacre, and establish a no-fly zone with our allies and partners. To lend some perspective on how rapidly this military and diplomatic response came together, when people were being brutalized in Bosnia in the 1990s, it took the international community more than a year to intervene with air power to protect civilians. It took us 31 days.

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V. P. Singh27

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