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.
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… - 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 c…
- 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 … - 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 …
The workers spend what they get, and capitalists get what they spend. - Michal Kalecki
The workers spend what they get, and capitalists get what they spend.
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