This blog title appears in The Communist Manifesto (1848). It called for this centalisation of credit in the hands of the State via a national bank. Socialists Marxists still want this. They want all the banks nationalized. One socialist writes: “The establishment is being forced to take over banks to save the rest of their system. If it survives, all it promises working class people is more hardship. It’s time to take over the banks as part of a programme for the socialist transformation of society.” Correct diagnosis. Wrong medicine. Are fascism and socialism the only medicines? They’re both poisons. … Continue reading Centralisation of credit in the hands of the State by means of a national bank with an exclusive monopoly