Revisiting Paul Baran’s ‘The Political Economy of Growth’ for today

Revisiting Paul Baran’s ‘The Political Economy of Growth’ for today

For Baran, the key to liberating the former colonies from the stranglehold of rapacious monopolies is not a reordering of international relations, not a campaign for a level international playing field, not alternative market institutions, nor a coalition of dissenters from the status quo, but a radical change in the social and economic structure of the oppressed country.