On Development (1964)
Context: The inflow of capital from the developed countries is the prerequisite for the establishment of economic dependence. This inflow takes various forms: loans granted on onerous terms; investments that place a given country in the power of the investors; almost total technological subordination of the dependent country to the developed country; control of a country's foreign trade by the big international monopolies; and in extreme cases, the use of force as an economic weapon in support of the other forms of exploitation.
“The economic success of the Reagan Administration was largely dependent upon the pyramiding of massive debt and the siphoning of capital from the rest of the world.”
Source: The Political Economy of International Relations (1987), Chapter Nine, transformation Of The Global Economy, p. 362
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Robert Gilpin 41
Political scientist 1930–2018Related quotes
July 17, 1989 Today Real Video http://www.mediaresearch.org/rm/projects/99/Gumbel1/segment1.ram
Inaugural address (4 March 1921).
1920s
Sabhal Mòr Ostaig Lecture (December 19, 2007)
Source: Europe and the People Without History, 1982, Chapter 11, The Movement of Commodities, p. 316.
“Private Capitalism makes a steam engine; State Capitalism makes pyramids.”
As quoted in “Frank Chodorov: Champion of Liberty,” Aaron Steelman, FEE, (Foundation for Economic Education), (December 1, 1996) https://fee.org/articles/frank-chodorov-champion-of-liberty/
Arie de Geus, in: " Arie de Geus: The Thought Leader http://www.strategy-business.com/article/17421?gko=cedb2," in: Strategy & Business. April 1, 2001, Nr 22-25. p. 26
“Long-term success depends upon trust.”
Source: Doing Virtuous Business (Thomas Nelson, 2011), p. 10.
“To place any dependence upon militia, is, assuredly, resting upon a broken staff.”
Letter to the president of Congress, Heights of Harlem (24 September 1776)
1770s
Context: To place any dependence upon militia, is, assuredly, resting upon a broken staff. Men just dragged from the tender scenes of domestic life - unaccustomed to the din of arms - totally unacquainted with every kind of military skill, which being followed by a want of confidence in themselves when opposed to troops regularly trained, disciplined, and appointed, superior in knowledge, and superior in arms, makes them timid and ready to fly from their own shadows.