"Banks" redirects here. For the American Indian Movement member, see Dennis Banks.
Banks are financial institutions that transform inactive money capital into active capital. They begin as tools of the bourgeoisie but take control of production once they monopolize. Banks controlling production is one of the features of imperialism, the highest stage of capitalism.[1]
References
- ↑ Vladimir Lenin (1916). Imperialism, the Highest Stage of Capitalism: 'Banks and Their New Role' (Russian: Империализм как высшая стадия капитализм). Moscow: Progress Publishers. [MIA]