- The fact that banking corporations produce nothing, but merely profit from the mass of capital in money form at their disposal through activities which once went by the name “usury,” no longer subjects them to discredit in monopoly capitalist society as it once did in feudal and in early capitalist society. In fact, financial institutions are accorded a place at the pinnacle of the social division of labor. This is because they have mastered the art of expanding capital without the necessity of passing it through any production process whatsoever. (The magical appearance of the feat merely conceals the fact that such corporations are appropriating a share in the values produced elsewhere.) The cleanliness and economy of the procedure, its absolute purity as a form of the accumulation of capital, now elicit nothing but admiration from those who are still tied to production.