This world is now, at least for the most part, at the disposal of Marx on the one hand, and of Rothschild on the other. This may seem strange. What can there be in common between socialism and a leading bank? The point is that authoritarian socialism, Marxist communism, demands a strong centralisation of the state. And where there is centralization of the state, there must necessarily be a central bank, and where such a bank exists, speculating with the Labour of the people, will be found. “
—Mikhail Bakunin, Profession de foi d’un démocrate socialiste russe précédé d’une étude sur les juifs allemands, 1869.
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