Vladimir Lenin: Taxation & Inflation
on Saturday, August 5, 2023Meaning of Vladimir Lenin Money Quote: saying those considered part of the bourgeoisie can be ground between the financial costs of taxes and inflation. Vladimir Lenin said:
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation” — Vladimir Lenin
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Vladimir Lenin is outlining a strategy for weakening the bourgeoisie, or capitalist class. He argues that subjecting the bourgeoisie to heavy taxation while also generating high inflation will place them under intense financial pressure.
Lenin is suggesting the upper/ruling classes can be weakened and their power reduced by “grinding” them between these “millstones” of high taxes cutting into profits on one side, and inflation eroding the value of their remaining funds on the other.
The quote conveys Lenin’s belief that these economic tactics of taxation and currency devaluation can help destroy the dominance of the capitalist class and pave the way for communist rule.
Birthday: April 22, 1870 – Death: January 21, 1924