Michał Kalecki Quote

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.


Chapter 3, The Determinants of Profits, p. 51 - Theory of Economic Dynamics (1965)


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...

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...

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...

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...