Selected Essays on the Dynamics of the... A source page for quotes linked to Michal Kalecki. 0 quotes
“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.” MayCountryAbleAchieveIncreaseInvestmentProfitManageExpensesCaptureCapitalistOther CountriesDependencySurplusMetropolis Book:Selected Essays on the Dynamics of the Capitalist Economy 1933-1970 Source: Selected Essays on the Dynamics of the Capitalist Economy 1933-1970
“The workers spend what they get, and capitalists get what they spend.” WorkersCapitalist Author:Michal Kalecki
“It is indeed paradoxical that, while the apologists of capitalism usually consider the 'price mechanism' to be the great advantage of the capitalist system, price flexibility proves to be a characteristic feature of the socialist economy.” EconomyProveCapitalismAdvantageFeaturesCharacteristicsMechanismCapitalistSocialistFlexibilityParadoxicalSocialist Economy Book:Selected Essays on the Dynamics of the Capitalist Economy 1933-1970 Source: Selected Essays on the Dynamics of the Capitalist Economy 1933-1970