The Basic Economic Law of Modern Capitalism Quotes

“The absolute impoverishment of the working class and other toiling masses is expressed in the continuous decline of real wages [purchasing power] - that is, in the reduction of the amount of material values which the working people can buy with their money income”
― A. Alekseyev, The Basic Economic Law of Modern Capitalism

“export of capital ensures higher profits for the capitalists than does the investment of capital at home. In the colonies, labour is very cheap, there are abundant raw materials almost free of charge and greater possibilities for coercion and club rule.”
― A. Alekseyev, The Basic Economic Law of Modern Capitalism

“The greater the speed of circulation, that is, the more often the money is passed from hand to hand, the less money is needed in circulation. Paper money is stable only when its quantity does not exceed the requirements of the circulation of commodities.”
― A. Alekseyev, The Basic Economic Law of Modern Capitalism

“the drawing up of false accounts by capitalist enterprises coupled with the corruption of state officials makes it possible for monopolists to conceal the real amount of their profits and to evade payment of a considerable part of taxes. That which they must pay, they recover from the mass of people by various means (for instance, by increasing prices, rents, etc.). Finally the mechanism of taxation is used also for the extraction of a considerable part of the profits of the small and medium capitalists”
― A. Alekseyev, The Basic Economic Law of Modern Capitalism

“One of the methods of extracting colossal profits used by monopolists is that of buying state loan bonds, and of getting interest on them. The greater the quantity of bonds issued by a state - that is, the greater the amount of national debt - the greater profits the monopolists extract. The money that a bourgeois state receives from state loans goes, either openly or through some secret channels, to the capitalist magnates, and is used for the expansion of military production”
― A. Alekseyev, The Basic Economic Law of Modern Capitalism