Michal Kalecki quotes
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“The workers spend what they get, and capitalists get what they spend.”
-- 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 -
“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#Socialist Economy Quotes #Advantage Quotes #Characteristics Quotes
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“A company is not accountable just to its owners, but to its workers and its customers.”
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Source : Ernest Mandel (1994). “Revolutionary Marxism and social reality in the 20th century: collected essays”, Humanities Press Intl
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“Individual capitalists, in short, necessarily act in such a way as to de-stabilize capitalism.”
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“Human beings are not efficiently designed for a capitalist system of production.”
Source : Eric J. Hobsbawm (1994). “Age of extremes: the short twentieth century, 1914-1991”
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“Exploitation is not exclusively capitalist, but wealth creation is.”
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