Diffusion of development
By: Patnaik, Prabhat.
Material type:
ArticlePublisher: 2006Description: p.1766-772.Subject(s): Capitalism
In:
Economic and Political WeeklySummary: The proposition that there are limits under capitalism to the spontaneous diffusion of industrial development has been supported on the basis of a number of powerful and weighty arguments. But, there is a more immediate limit to such spontaneous diffusion, nemely, the unwillingness of the leading capitalist economy to sustain a growing claim upon its wealth by outsiders. - Reproduced.
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Articles
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Indian Institute of Public Administration | Volume no: 41, Issue no: 18 | Available | AR70047 |
The proposition that there are limits under capitalism to the spontaneous diffusion of industrial development has been supported on the basis of a number of powerful and weighty arguments. But, there is a more immediate limit to such spontaneous diffusion, nemely, the unwillingness of the leading capitalist economy to sustain a growing claim upon its wealth by outsiders. - Reproduced.
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