Occupation: Economist Birth: June 22, 1899 Death: April 18, 1970
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 c….
The workers spend what they get, and capitalists get what they spend..
It is indeed paradoxical that, while the apologists of capitalism usually consider the 'price mechanism' to be the great advantage of the capitalist ….