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International Socialism, Winter 1965/66

 

David Breen

Respectable Dress

 

From International Socialism, No.23, Winter 1965/66, p.33.
Transcribed & marked up by Einde O’Callaghan for ETOL.

 

Studies in Economics: Economic Development
Ed. Laura Randall
Boston: D.C. Heath & Co; London: Harrap, 12s 6d.

The classical economists were interested in the impact of capitalism on pre-capitalist societies, and Marx in the role played by revolution in the process. Now that capitalism is breaking into backward countries with revolutionary consequences, academic economists have at last come round to debating the same sort of problems, with one difference: where the classics saw an elemental process, the academics now see one that might be controlled.

This collection of reprints and excerpts ranges from the relatively classical positions taken by Belshaw (radical) and Bronfenbrenner (reactionary) to the ultra-modern Myrdal (radical) and Hirschman (reactionary). It offers a useful introduction to the new preoccupations of academic economists as they reflect both real problems and the economists’ increasingly official status in the world.

 
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