The Impending Catastrophe and How to Combat It

Author: VI Lenin

ISBN: 9781898231509

Written only weeks before the Bolsheviks took the power.
Lenin provides decisive measures to deal with the oncoming financial crisis and food shortages.
Beginning with nationalisation of the banks as: 'Only by nationalising the banks can the state put itself in the position to know where, how and when millions and billions of rubles flow – only control of the banks, over the centre, the pivot and chief mechanism of capitalist circulation, would make it possible to organise real control over the production and distribution of staple goods.'