^imperialism
Imperialism, the highest stage of capitalism
by Vladimir Lenin
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“We must take special note of the four principal types of monopoly, or principal manifestations of monopoly capitalism, which are characteristic of the epoch we are examining:
Firstly, monopoly arose out of the concentration of production at a very high stage. This refers to the monopolist capitalist associations, cartels, syndicatess, and trusts…
Secondly, monopolies have stimulated the seizure of the most important sources of raw materials, especially for the basic and most highly cartelised industries in capitalist society: the coal and iron industries…
Thirdly, monopoly has sprung from the banks…
Fourthly, monopoly has grown out of colonial policy…”
May 8, 2021 10:41am
Peyton
May 8, 2021 10:41am
Peyton
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Capitalist monopoly leads to parasitism, stagnation and decay, even in the working class movement.
May 8, 2021 10:40am
Peyton
May 8, 2021 10:40am
Peyton
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on the export of capitalism...Main Argument: When capital can no longer be invested domestically for profit1 in advanced countries, it has to be exported. Connections between finance and industry2, and the “backward” conditions of other countries3, allows export of capital to bring in profits.
May 8, 2021 10:35am
Peyton
May 8, 2021 10:35am
Peyton
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Marx: free competition gives rise to the concentration of production, which at a certain stage leads to monopoly
Apr 30, 2021 08:14am
Peyton
Apr 30, 2021 08:14am
Peyton
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Have nations could dominate the have not nations by the simple export of capital itself
Apr 30, 2021 08:03am
Peyton
Apr 30, 2021 08:03am
Peyton
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