Top 3 Michal Kalecki Quotes
#1. The workers spend what they get, and capitalists get what they spend.
Michal Kalecki
#2. It is indeed paradoxical that, while the apologists of capitalism usually consider the 'price mechanism' to be the great advantage of the capitalist system, price flexibility proves to be a characteristic feature of the socialist economy.
Michal Kalecki
#3. 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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