 "...the concentration of capital and the growth of their turnover is radically challenging the significance of the banks. Scattered capitalists are transformed into a single collective capitalist. When carrying the current accounts of a few capitalists, the banks, as it were, transact a purely technical and exclusively auxiliary operation. When, however, these operations grow to enormous dimensions we find that a handful of monopolists control all the operations, both commercial and industrial, of capitalist society. They can, by means of their banking connections." | by: | |
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Categories: | Banking, Capitalism, Collectivism, Commerce, Communism, Economics, Exploitation, Fed, IMF, Money, NWO, Power, Socialism |
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