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Development

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Capitalists have the tendency to move towards those countries in which there is plenty of labor available and in which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.Economic Policyp. 89Development
It is not a lack of the know how that prevents foreign countries from fully adopting American methods of manufacturing, but the insufficiency of capital available.Planning for Freedomp. 197Development
It is not true that the economic backwardness of foreign countries is to be imputed to technological ignorance on the part of their peoples.Planning for Freedomp. 196Development
The poverty of the backward nations is due to the fact that their policies of expropriation, discriminatory taxation and foreign exchange control prevent the investment of foreign capital while their domestic policies preclude the accumulation of indigenous capital.The Anti-Capitalistic Mentalityp. 83Development
The prerequisite for more economic equality in the world is industrialization. And this is possible only through increased capital investment, increased capital accumulation.Economic Policyp. 86Development
What is called the American way of life is the result of the fact that the United States has put fewer obstacles in the way of saving and capital accumulation than in other nations.Planning for Freedomp. 152Development
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