Michał Kalecki Quote

It is the export surplus and the budget deficit which enable the capitalists to make profits over and above their own purchases of goods and services.
The connection between 'external' profits and imperialism is obvious.


Chapter 3, The Determinants of Profits, p. 52 - Theory of Economic Dynamics (1965)


It is the export surplus and the budget deficit which enable the capitalists to make profits over and above their own purchases of goods and...

It is the export surplus and the budget deficit which enable the capitalists to make profits over and above their own purchases of goods and...

It is the export surplus and the budget deficit which enable the capitalists to make profits over and above their own purchases of goods and...

It is the export surplus and the budget deficit which enable the capitalists to make profits over and above their own purchases of goods and...