Able Quote by Michal Kalecki
“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 investment in its dependencies.”
About This Quote
Source Book: Theory of Economic Development, 1950
Capitalist nations profit by exploiting foreign markets, while colonies gain surplus through dependent investment.
In simple terms: Rich countries benefit from weaker economies; colonies profit via investment.
Key Takeaway
Consider fairness in global trade policies.
Themes
economics
imperialism
trade
inequality
Mood
critical
analytical
Type
economic
political
When to use this quote
- foreign investment
- colonial trade
- policy making
Key Concepts
dependency theory
globalization
Questions to Reflect On
- How can developing nations gain equitable trade?
- What reforms reduce exploitative practices?
A Different Perspective
Overlooks mutual benefits of cooperation.
