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An increase in the number of paupers does not broaden the market.

Michał Kalecki
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We have found that the degree of monopoly is likely to increase somewhat during depressions.

Michał Kalecki
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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.

Michał Kalecki

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I would sum up my fear about the future in one word: boring. And that's my one fear: that everything has happened; nothing exciting or new or interesting is ever going to happen again … the future is just going to be a vast, conforming suburb of the soul.
J. G. Ballard

Michał Kalecki

Michał Kalecki
Creative Commons

Born: June 22, 1899
Died: April 18, 1970 (aged 70)
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