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Imperialism, The Highest Stage of Capitalism - A Popular Outline: Unabridged with original tables and footnotes (Aziloth Books)

by Vladimir Ilyich Lenin

Monopoly, finance, and the expansion of capitalism

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AlbakiReads Editorial

Monopoly, finance, and the expansion of capitalism

Lenin’s analysis traces a shift from competition among smaller businesses toward concentrated monopolies linking industry, labour, natural resources, and banking. He argues that this concentration directs profits toward a narrow elite and drives financiers, industrialists, and governments to seek opportunities abroad, where territorial expansion is backed by military power. The book presents imperialism as the culmination of this development and connects it to the division of less-developed countries among European powers. This Aziloth Books edition is described as unabridged and includes the original tables and footnotes, retaining material that supports the work’s economic and political argument.

Good fit for readers who enjoy

  • Readers studying Marxist political and economic thought
  • Readers interested in theories of imperialism and capitalism
  • Readers seeking an edition that includes original tables and footnotes

Themes

Capitalism and monopolyFinance and economic concentrationImperialism and territorial expansionWar and political power

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Book overview

Those seeking a handle on the nature of modern capitalism and war, can do no better than to start with this incisive analysis by Lenin - it still applies, writ large, today.

Ideologically a Marxist, Vladimir Ilyich Ulyanov, (better known as Lenin), wrote copiously on political and economic systems, passionately believing in the need for a total rejection of capitalism by the proletariat worldwide.

Imperialism, The Highest Stage of Capitalism looks at how Western capitalism in the mid-1800s transitioned inexorably from small businesses competing with one another into huge monopolies that concentrated labour, industry, natural resources and bank finance. Competition, a core element of capitalism, was a casualty of this process and most of the profits went to a top strata of society. Because the system was inherently growth-driven, the powerful oligarchy of financiers, industrialists and governments sought new prospects outside of their native countries in the form of a territorial 'land grab' backed by military might.

This last inexorable stage of capitalism saw the world's undeveloped countries carved up between the likes of Great Britain, France and Germany and was, in Lenin's view, the very essence of imperialism, a state of affairs to be countered at all costs.

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