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Under the old type of capitalism, when free competition prevailed, the export of goods was the most typical feature. Under modern capitalism, when mo… - Vladimir Lenin
" "Under the old type of capitalism, when free competition prevailed, the export of goods was the most typical feature. Under modern capitalism, when monopolies prevail, the exporter of capital has become the typical feature.
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About Vladimir Lenin
Vladimir Ilyich Lenin (Russian: Владимир Ильич Ленин), born Vladimir Ilyich Ulyanov (Russian: Влади́мир Ильи́ч Ульянов) (22 April 1870 (10 April (O.S.)) – 21 January 1924) was a Russian revolutionary, the leader of the Bolshevik communist party, the first Premier of the Soviet Union and the main theorist of Leninism. He married the revolutionary Nadezhda Krupskaya in 1898.
Also Known As
Native Name:
Владимир Ильич Ленин
Alternative Names:
Vladimir Ilyich Lenin
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Vladimir Ilyich Ulyanov
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Vladimir Il'ich Lenin
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Vladimir Il'ich Ul'yanov
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Lenin
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V. I. Ul'yanov
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V. I. Lenin
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Vladimir Ulyanov
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Vladimir Ul'yanov
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V. I. Ulyanov
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Vl llyin
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Владимир Ильич Ульянов
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Additional quotes by Vladimir Lenin
The principal and primary function of banks is to serve as an intermediary in the making of payments. In doing so they transform inactive money capital into active capital, that is, into capital producing a profit; they collect all kinds of money revenues and place them at the disposal of the capitalist class.
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