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Michal Kalecki - The capitalists of a country which...

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. (Michal Kalecki)

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.

Michal Kalecki

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able capture colonial country expense export foreign increase investment metropolis surplus profits

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