In a capitalist country foreign trade, like any other trade… - Paul A. Baran

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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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About Paul A. Baran

Paul Alexander Baran (25 August 1909, Mykolaiv, , today Ukraine – 26 March 1964, Palo Alto, USA) was an American economist known for his Marxist views. In 1951 Baran was promoted to full professor at Stanford University and Baran was the only tenured in the United States until his death in 1964.

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Alternative Names: Paul Alexander Baran • Paul Baran

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In fact, all the additional knowledge gained by an irrationally constituted society may but enlarge and enhance the powers of death and destruction.

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.

The principal impact of foreign enterprise on the development of the underdeveloped countries lies in hardening and strengthening the sway of merchant capitalism, in slowing down and indeed preventing its transformation into industrial capitalism.

In a capitalist country foreign trade, like any other trade, is carried on by individual firms, and individual firms cannot be guided in their activi… - Paul A. Baran

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