Meaning: This quote by Christian Lange, a politician and Nobel Peace Prize laureate, touches upon the impact of modern techniques and transportation on the global economy and the division of labor among nations. The quote suggests that advancements in technology and transportation have effectively eroded the traditional boundaries and barriers between states, leading to the creation of a global market and enabling the division of labor to encompass both developed and undeveloped nations.

In the context of economics, the phrase "torn down state frontiers, both economical and intellectual" refers to the breaking down of barriers that previously hindered the flow of goods, services, and ideas across national borders. This tearing down of frontiers can be attributed to various technological advancements, such as the internet, telecommunications, and transportation infrastructure, which have facilitated the rapid exchange of information and goods on a global scale.

The quote also emphasizes the significance of the growth of means of transport in creating a world market. The development of efficient transportation systems, including air, sea, and land transport, has played a pivotal role in connecting distant regions and enabling the movement of goods and people across borders. This has led to the integration of national economies into a broader global marketplace, where goods and services can be traded and exchanged without the constraints of traditional state boundaries.

Furthermore, the quote highlights the resulting opportunity for the division of labor to encompass both developed and undeveloped states. The concept of division of labor, as proposed by economists such as Adam Smith, refers to the specialization of tasks and the allocation of resources within an economy. In the context of global trade and economic integration, the division of labor becomes more expansive, involving not only developed nations but also including undeveloped or developing states. This allows for the participation of a broader range of countries in the global economy, contributing to the overall growth and development of the world market.

Christian Lange's quote underscores the transformative impact of modern techniques and transportation on the global economic landscape. It acknowledges the interconnectedness of nations and the blurring of traditional boundaries, both economic and intellectual, as a result of technological advancements. The quote also reflects the idea that economic integration and the division of labor are no longer confined within national borders but have expanded to encompass a more diverse and inclusive global framework.

In conclusion, the quote by Christian Lange encapsulates the profound changes brought about by modern techniques and transportation in reshaping the global economy and the division of labor. It underscores the interconnectedness of nations and the breakdown of traditional state frontiers, paving the way for a more integrated and inclusive world market. As technology continues to advance and transportation networks become more sophisticated, the impact on global economics and the division of labor is likely to evolve further, shaping the future of international trade and economic cooperation.

References:
- "The Wealth of Nations" by Adam Smith
- "International Economics" by Paul Krugman and Maurice Obstfeld