The capitalists of a country which manages to capture foreign markets from other countries are able to increase their profits at the expense of the capitalists of the other countries. Similarly, a colonial metropolis may achieve an export surplus through… — Michal Kalecki Copy Share Image
The workers spend what they get, and capitalists get what they spend. — Michal Kalecki Copy Share Image
The capitalists of a country which manages to capture foreign markets from other countries are able to increase their profits at the expense of… — Michal Kalecki Copy Share
It is indeed paradoxical that, while the apologists of capitalism usually consider the 'price mechanism' to be the great advantage of the capitalist system,… — Michal Kalecki Copy Share
