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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 capit… - 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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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 economic basis for the complete withering away of the state is such a high stage of development of communism at which the antithesis between mental and physical labour disappears, at which there consequently disappears one of the principal sources of modern social quality - a source, moreover, which cannot on any account be removed immediately by the mere conversion of the means of production into public property, by the mere expropriation of the capitalists.
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