Article: Alternative models.(Can labor-capital models predict the responses of agrarian societies to development? Part II)

Introduction

Part I of this article in the last issue of this Journal (v,) dealt with the problems in development and development strategies particularly as related to increasing gaps, or divergences, in well-being between developed and third world countries and between of economic groups within them (v 54, No. 4). These problems were related to the use of a two-factor growth model by economists of several stripes.

What is now needed is a model that includes landed property and a model for its reform uncluttered by the institutional assumptions of socialism and capitalism.

Behind the practical problems of progress lie theoretical problems of defining ...

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