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e. Dependency theory is the idea that resources flow from a "periphery" of poor and exploited states to a "core" of wealthy states, enriching the latter at the expense of the former. A central contention of dependency theory is that poor states are impoverished and rich ones enriched by the way poor states are integrated into the "world system".
Imperialism studies. Paul Alexander Baran (/ ˈbærən /; 25 August 1909 – 26 March 1964) was an American Marxist economist. In 1951 Baran was promoted to full professor at Stanford University and Baran was the only tenured Marxian economist in the United States until his death in 1964. Baran wrote The Political Economy of Growth in 1957 and ...
Baran and Davis [16] identify four primary criticisms of dependency theory: Variability in microlevel and macrolevel measurement makes between-study comparability problematic. The theory is often difficult to empirically verify. The meaning and power of dependency is sometimes unclear. Dependency theory lacks power in explaining long-term effects.
Paul Baran (born Pesach Baran / ˈ b æ r ən /; April 29, 1926 – March 26, 2011) was an American-Jewish engineer who was a pioneer in the development of computer networks.He was one of the two independent inventors of packet switching, which is today the dominant basis for data communications in computer networks worldwide, and went on to start several companies and develop other ...
The theory of unequal exchange is a rejection of the fundamental assumptions of Ricardian and neoclassical theories of comparative advantage, which claim that free trade based on comparative costs is beneficial to all parties and in turn represents the theoretical justification of neoliberal trade policies. More generally, the concept is a ...
Monopoly Capital: An Essay on the American Economic and Social Order is a 1966 book by the Marxian economists Paul Sweezy and Paul A. Baran. It was published by Monthly Review Press . It made a major contribution to Marxian theory by shifting attention from the assumption of a competitive economy to the monopolistic economy associated with the ...
Between the publication of Lenin's Imperialism in 1916 and Paul Sweezy's The Theory of Capitalist Development in 1942 and Paul A. Baran's Political Economy of Growth in 1957, there was a notable lack of development in the Marxist theory of imperialism, best explained by the elevation of Lenin's work to the status of Marxist orthodoxy. Like ...
v. t. e. Uneven and combined development, unequal and combined development, or uneven development is a concept in Marxian political economy [1] intended to describe dynamics of human history involving the interaction of capitalist laws of motion and starting world market conditions whose national units are highly heterogeneous.