HE PEOPLE who dwell in the advanced capitalist countries have been encour- aged by press and radio to believe that “they have never had it so good” and. that capitalism now knows how to solve its problems. This “miracle” has attract- ed great attention to “con- temporary. capitalism.” Some seek to find a rational expla- nation. Others fear to find that an. even. greater miracle would be its indefinite con- tinuance. Yet the many millions of people who do not get any benefit from the “miracle” are making their voices heard. There are many other mil- _ lions who prefer to arrange their economies so that they ‘do not have to hope for _ miracles. Paul -A. Baran, who is professor of economics at Stanford University in the U.S. has written a book, The Political Economy of Growih. It should be read by all those who think that the Marxist _ theory. of political economy _ has been outdated by the re- cent history of the capitalist world. ; xt 53 m Professor Baran exposes the ' inherent weaknesses. of mon- . opoly capitalism and its in- ability to do anything except increase the poverty of* the underdeveloped countries. The analytical. tool which Professor Baran uses through- out his book is the concept of “economic surplus,” of which “he distinguishes threee vari- ants. Actual economic surplus is the difference between soc- iety’s actual current output and its actual current con- sumption. It is explained that actual economic surplus is merely that part of the Marxist cate- gory of ‘surplus value that is being accumulated; it does not include the consumption of the capitalist class, the gov- ernment’s spending on ad- ministration, military estab- lishment, and the like. : The second variant is poten- tial economic surplus — the : difference between the out- ‘put that could be produced - in a given environment if all the unemployed resources were utilized and consumption were restricted to essentials. Planned economic surplus ~ relates only to comprehensive economic planning under socialism. “What is crucial is that the American professor debunks capitalist prosperity myth volume of output would not be determined by the fortuit- ous outcome of a number of. uncoordinated decisions on the part of individual busi- nessmen and corporations, but by a rational plan expressing what society would wish to produce, to consume, to save and to invest at any given time.” xt 503 $e Utilizing this concept of the economic surplus, its size and method of employment, Baran conducts a searching exami- nation of monopoly capitalism. . He demolishes, right and left the treasured arguments of the apologists for capitalism. He shows how 50 years’ of: de- veloped capitalism has not changed the share of total in- come going to wages. He demonstrates with re- markable clarity how free enterprise and competition have disappeared during the era of monopoly capitalism; how little is left of the law of the equalization of ‘the rate of profit, and how the notion of a democracy of share- holders is a figment of a fevered imagination. Particularly interesting are yr Paul Robeson (above), world-famous American singer, said last week he was ’“very hopeful” he would be able to go to Britain in April to appear on a commercial TV program at the invitation of Associated Television. He also hopes to make an extensive concert tour of Britain. Robe- son is now free to travel any- where in the Americas but his passport has not yet been re- stored by the U.S. State De- partment. Last year, in Britain a National Paul Robeson Com- mittee conducted a campaign for the singer’s right to visit Britain. the paragraphs showing the ways in which competition on price is avoided between monopoly groups. Since the result is to pile up a mass of profits in the monopolized sector, for which there is but a limited field of investment either there or in the dimin- ishing competitive sector: “. . In any given situation the volume of investment tends to be smaller than the volume of the economic sur-- plus that would be forth- coming under full employ- ment. There is, consequently, a tendency toward unemploy- ment and stagnation .. . pre- cisely identified by Marx a century ago.” As regards the influence of the state, the only interven- tion wholly acceptable to the monopoly capitalists is spend- ing on behalf of- imperialist policies, and this means arma- ment and wars. The result is, in Baran’s Opinion, a highly deceptive facade of prosperity which, among other things, gives rise to inflation. ‘But there is not even a facade of prosperity in the underdeveloped countries which the monopoly capital- ists count as part of the “free” world. ces xt xt Baran devotes a very large part of his book to an analy- sis of the roots of backward- ness. We are given a lively des- cription of how it is that the intervention of imperialism in a backward country results in a multiplication of money- lenders and merchants, not to mention fabulously rich oil potentiates. Hence the support by dying capitalism for “everything backward, mori- bund and medieval.” Baran shows that the main task of modern imperialism now is to slow down the de- velopment of underdeveloped countries and he concludes that: “The establishment of. a socialist planned economy. is an essential, indeed indispen- sable, condition for the at- tainment of economic and social progress in. underdevel- oped coutries.” 4 Fortunately, he says, they can draw upon the experi- ences of the Soviet Union, which had to develop at breakneck speed a. backward country threatened by foreign aggression and internal resist- ance. WILLIAM MENNELL ‘ever, ye This weekend, January 23-25, UBC English Department — wil] stage the first performance here of Ibsen’s Peer Gynt in University Auditorium. Richard Irwin, who plays the title role, and Joan McRae are shown above in a scene from the two-hour production. Bolshoi Ballet hailed: as film masterpiece ADE by the Rank Organi- M zation during the famous troupe’s visit to England last year, The Bolshoi Ballet opens at the Park Theatre here next Friday, January 31. Staged in Covent Garden (home of Sadlers Wells) and photographed in brilliant East- man Color, the film provides a fascinating 100-minute intro- duction to the Soviet com- pany’s repertoire. an Opening with Dance of the Tartars from Asafiey’s Foun- tain of Bakhchisarai, colorful cos.umes and gripping action sweep the audience into a dif- ferent world where. it is ob- livious of film or stage can- ventions. Yet there are no sets or props; only a stark black backdrop. Succeeding numbers have the same hypnotic power; the Spanish Dance from Tchaikoy- sky’s Swan Lake; Spring Wa- ter; Polonaise and Krakoviak from Glinka’s opera Ivan Sus- sanin; and Falpurgisnacht. The last, much longer than the o‘hers, ranges in its two scenes from languorous sensuality to frenzied revelry. What a Cor TDR de Ballet! When Galina Ulanova ap- pears in The Dying Swan, how- it is clear that these, a satisfying: performance in themselves, were still only the pre’iminaries. ; After an intermission, Ulan- ova returns as’ Giselle in Ad- ams’ famous ballet. Staged with beautifully realistic sets, this complete eee is ac- cording to Professo To, Lav= rovsky’s revisions. January 24, 1958 — PACIFIC TRIBUNE—PAGE At this point words are in= ~ adequate. It is impossible to describe the profound subtlety of expression and characterl- zation by Ulanova — and the supporting artists. One of the finest ballet experiences ever to reach the screen, it gives one a completely new concept of the power of dance as artistic communication. Be SE ae A word about cinematic treatment. Evidently the only time available from the troupe’s crowded schedule was on its one night a week off. Thus the production method— developed and directed here by Paul Czimmer — was cor- tinuous performance: with Tour — cameras.each taking tne en- tire action from . different angles. This cusate footage was later edited and intercut. Czimmer’s technique can- not be as effective as normal studio production, where any number of special effects and — re-takes are possible. But it is most successful in capturing continuous action and = re- mouding. it into dinematic unity. Unfortunately,. one of the cameras (close-up right) had technical difficulties —- most of its shots are off-color blured — but this is a minor consideration compared to the expressive stature of the who’e. : The admission price may be steep but The Bolshoi Ballet is worth more. N. E. STORY : and=33 every penny and ta