By elevating the dictum of the market to the role of the so… - Paul A. Baran

" "
By elevating the dictum of the market to the role of the sole criterion of rationality and efficiency, economics denies even all "respectability" to the distinction between essential and non-essential consumption, between productive and unproductive labor, between actual and potential surplus.

Paul A. Baran

Sources available for members. Sign up free to see where this quote comes from

English

Collect this quote

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.

Also Known As

Alternative Names: Paul Alexander Baran • Paul Baran

All quotes from Paul A. Baran Similar Quotes by other Originators

Originators like Paul A. Baran:

Robert Heilbroner Karl Marx John Maynard Keynes Joan Robinson Eric Wolf

Additional quotes by Paul A. Baran

many seemingly independent businessmen or craftsman are more or less well paid retainers of larger corporations, such as the cobbler, operating a United States shoe machine or an automobile dealer holding a license of the General Motors Corporation.

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.

If society has a technical need, that helps science forward more than ten universities.

By elevating the dictum of the market to the role of the sole criterion of rationality and efficiency, economics denies even all "respectability" to … - Paul A. Baran

About Paul A. Baran

Also Known As

Go Premium

Additional quotes by Paul A. Baran

Enhance Your Quote Experience