Michał Kalecki Quote

It may thus be concluded that in the absence of 'development factors' the system lapses into a stationary state. These factors thus appear to be a prerequisite of a steady growth.


Chapter 14, The Process of Economic Development, p. 155 - Theory of Economic Dynamics (1965)


It may thus be concluded that in the absence of 'development factors' the system lapses into a stationary state. These factors thus appear to be a...

It may thus be concluded that in the absence of 'development factors' the system lapses into a stationary state. These factors thus appear to be a...

It may thus be concluded that in the absence of 'development factors' the system lapses into a stationary state. These factors thus appear to be a...

It may thus be concluded that in the absence of 'development factors' the system lapses into a stationary state. These factors thus appear to be a...