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book1917

Imperialism, the Highest Stage of Capitalism

Disciplines:
absurdism/marxism
political economy

Summary

Lenin's economic analysis of imperialism as the latest stage of capitalist development — explaining WWI as a conflict between imperialist powers over the division of the world.

Core Contribution

The Marxist theory of imperialism: monopoly capitalism → finance capital → export of capital (not goods) to the underdeveloped world → colonial division of the world → inter-imperialist war. WWI as an imperialist war: not a war of national defense but a conflict between capitalist powers over spheres of influence. The theoretical foundation for national liberation movements as allies of socialist revolution.

Historical Influences

J.A. Hobson Rudolf Hilferding

Intellectual Lineage

Marxist Political Economy

Allied Works

What Is to Be Done? State and Revolution

Contemporaries & Peers

What Is to Be Done? State and Revolution

Minds Influenced

Dependency Theory World-Systems Theory Anti-Colonialism

Intellectual Posterity

Imperialism TheoryDependency Theory

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