Quote#Work
The statement that cartels can abolish crises is a fable spread by…
Quote byVladimir Lenin · 1870–1924
Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Imperialism, The Highest Stage of Capitalism (1917), Chapter One.
English (original)
The statement that cartels can abolish crises is a fable spread by bourgeois economists who at all costs desire to place capitalism in a favorable light. On the contrary, when monopoly appears in certain branches of industry, it increases and intensifies the anarchy inherent in capitalist production as a whole.
— Vladimir Lenin
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