Imperialism: The highest Stage of Capitalism

Imperialism, the Highest Stage of Capitalism (Russian: Империализм как высшая стадия капитализма, romanized: Imperializm kak vysshaja stadija kapitalizma), originally published as Imperialism, the Newest Stage of Capitalism (Russian: Империализм как новейший этап капитализма, romanized: Imperializm kak novejshij etap kapitalizma), is a book written by Vladimir Lenin in 1916 and published in 1917. It describes the formation of oligopoly, by the interlacing of bank and industrial capital, in order to create a financial oligarchy, and explains the function of financial capital in generating profits from the exploitation colonialism inherent to imperialism, …

Langue : English

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ISBN :
978-0-14-119256-7
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Critiques

Classic

I felt like a bad Leftist not knowing Lenin's imperialism theory. Now I can cross this off. Main points are: - capitalism is in its latest stage, characterized by monopolies and the dominance of finance capital - capital gets exported to colonized countries - the working class in the imperialist countries benefits from the exploitation of the colonized countries - Kautsky is wrong and we don't like him - monopoly capitalism intensifies the contradictions of capitalism - capitalism is decaying

I find it interesting that we've been supposedly living in "late stage capitalism" for over a century now. Maybe it's time to stop being this optimistic.