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Comment

In: Accelerated Development in Southern Africa

Author

Listed:
  • F. Taylor Ostrander

Abstract

Mr Ostrander pointed out that all four papers were iconoclastic in challenging prevailing developmental concepts. Professor Kemp’s exciting paper was full of truths. He had stressed that some people always saved and created new capital. However, Professor Kemp did not point out that inequality of income was usually a prerequisite to such capital formation. Egalitarian incomes would eliminate this source of capital formation.

Suggested Citation

  • F. Taylor Ostrander, 1974. "Comment," Palgrave Macmillan Books, in: John Barratt & Simon Brand & David S. Collier & Kurt Glaser (ed.), Accelerated Development in Southern Africa, pages 243-243, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-02056-0_17
    DOI: 10.1007/978-1-349-02056-0_17
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