In bourgeois society a violation of property rights is the supreme injustice. Hybrids provided a solution in agriculture. Commercial hybrids decrease the yield of the following generation. This means that farmers have to renew their seed every year. Hence, hybrids create a perpetual market for seed. | more…
This landmark text by Paul Baran and Paul Sweezy is a classic of twentieth-century radical thought, a hugely influential book that continues to shape our understanding of modern capitalism. “This book… deals with a vital area of economics, has a unique approach, is stimulating and well written. It represents the first serious attempt to extend Marx’s model of competitive capitalism to the new conditions of monopoly capitalism.” — Howard J. Sherman, American Economic Review | more…