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Quote from Vladimir Ilyich Lenin,


"...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:

Vladimir Ilyich Lenin (more quotes by Vladimir Ilyich Lenin or books by/about Vladimir Ilyich Lenin)


[Vladimir Ilyich Ulyanov] (1870-1924) First Leader of the Soviet Union

Categories:

Banking, Capitalism, Collectivism, Commerce, Communism, Economics, Exploitation, Fed, IMF, Money, NWO, Power, Socialism

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