Without big banks socialism would be impossible. The big banks are the ’state apparatus’ which we need to bring about socialism... A single State Bank, the biggest of the big, with branch–in every rural district, in every factory, will constitute as much as nine-tenths of the socialist apparatus. This will be countrywide book-keeping, country-wide accounting of the production and distribution of goods, this will be, so to speak, something in the nature of the skeleton of socialist society.[25] - Lenin, CW. Vol, 26, p, 106
