“On Madam Sana Yousuf’s Lecture Regarding Paul Baran and his Neo-critique” Sarang Known as the

father of neo-marxist approach, Paul Baran explained the concept of economic surplus. Paul Baran challenged the idea that every country can become prosperous easily by following the liberal though I.E free-market principles. He has done an examination of the failure of Rostow’s and other such capitalist economics formulas in the real world. The best known mainstream work on development to be published in the early post-Second World War period was W. W. Rostow’s Stages of Economic Growth, named as A Non-Communist Manifesto. Rostow described five stages that all countries had to pass through: (1) traditional society, (2) the preconditions for take-off, (3) the take-off, (4) the drive to maturity, and (5) the age of high mass consumption. Rostow argued, that the diffusion of Western culture, know-how, and capital can help underdeveloped countries develop.. Paul Baran challenged that idea; he argued that capitalist imperialism which penetrated underdeveloped countries destroyed their earlier social formations and disturbed their further development, creating long lasting conditions of dependency. Developing countries t were systematically subordinated to the developed countries in the international division of labor. Marx and Lenin also gave this kind of argument, but Baran focused on it, and explained how it works… It was Paul Baran who gave the systematic Marxian critique aimed at the capitalist economic ideology of development. His most fundamental question is “why is it that in backward capitalist countries there has been no advance along the lines of capitalist development that are familiar from the history of other capitalist countries, and why is it that forward movement there has been either slow or altogether absent”

. and it stimulates a new kind of thinking. it helps us find solutions accordingly. Baran’s “Political Economy of Growth” is a very interesting paper. it allows us to see the underdeveloped countries from another point of view thus.The Political Economy of Growth was very important and it also inspired histroical events such as Cuban revolution of 1959 by Commandte Fidel and his comrades.

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