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Quote by Karl Marx

“By means of the banking system the distribution of capital as a special business, a social function, is taken out of the hands of the private capitalists and usurers. But at the same time, banking and credit become the most effective means of driving captialist production beyond its own limits and one of the most effective vehicles of crises and swindle.”

Quote by Karl Marx

Book:Karl Marx, Frederick Engels: Karl Marx: Capital, Vol. 3
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Karl Marx, Frederick Engels: Karl Marx: Capital, Vol. 3

Volume three of Karl Marx and Frederick Engels' seminal work, 'Capital,' delves into the later stages of capitalist development. It examines the dynamics of credit, money, and the circulation of capital, providing a critical examination of the economic system from a Marxist perspective. more

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Karl Marx
Karl Marx

Karl Marx (May 5, 1818 - March 14, 1883) was a German philosopher, economist, sociologist, political theorist, and revolutionary. He is one of the founders of Marxism and his works, including 'Das Kapital' and 'The Communist Manifesto', have had a profound impact on the world. more

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