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. (Michal Kalecki)

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.

Michal Kalecki

Related topics

above connection deficit export goods imperialism profits

Related quotes

It will be sufficient to point to the enormous burdens which armaments place on the economic, social, and intellectual resources of a nation, as well as on its budget and taxes.

Ludwig Quidde

We cannot observe external things without some degree of Thought; nor can we reflect upon our Thoughts, without being influenced in the course of our reflection by the Things which we have observed.

William Whewell

An artist must possess Nature. He must identify himself with her rhythms, by effort that will prepare the mastery which will later enable him to express himself in his own language.

Henri Matisse

All violent feelings have the same effect. They produce in us a falseness in all our impressions of external things, which I would generally characterize as the pathetic fallacy.

John Ruskin

The government, which was designed for the people, has got into the hands of the bosses and their employers, the special interests. An invisible empire has been set up above the forms of democracy.

Woodrow Wilson