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" "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 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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