Vladimir Ilyich Lenin on State Capitalism

This was a good quote from the essay:

When the working class has learned how to defend the state system against the anarchy of small ownership, when it has learned to organise large-scale production on a national scale along state-capitalist lines, it will hold, if I may use the expression, all the trump cards, and the consolidation of socialism will be assured.

This was the last sentence of a section on which he talks about the organization and engineering aspects of capitalism and how that, when used by the state, is state capitalism.

“State capitalism” is an unfortunate misnomer which I avoid. Unlike private enterprises, state-owned enterprises don’t necessarily need to make a profit, because the state has a monopoly on money. Previously.