To begin, one must recognize the centralized state of banks. According to Marx and Engels, Communism includes “Centralization of credit in the banks of the state by means of a national bank...and an exclusive monopoly.” By centralization of credit and banks, every citizen is assigned the same credit rate. Along with that, the government gains a complete monopoly which in fact,
To begin, one must recognize the centralized state of banks. According to Marx and Engels, Communism includes “Centralization of credit in the banks of the state by means of a national bank...and an exclusive monopoly.” By centralization of credit and banks, every citizen is assigned the same credit rate. Along with that, the government gains a complete monopoly which in fact,