Imperialism The Highest Stage Of Capitalism

The pamphlet here presented to the reader was written in the spring of 1916, in Zurich. In the conditions in which I was obliged to work there I naturally suffered somewhat from a shortage of French and English literature and from a serious dearth of Russian literature. However, I made use of the principal English work on imperialism, the book by J. A. Hobson, with all the care that, in my opinion, work deserves. This pamphlet was written with an eye to the tsarist censorship. Hence, I was not only forced to confine myself strictly to an exclusively theoretical, specifically economic analysis of facts, but to formulate the few necessary observations on politics with extreme caution, by hints, in an allegorical language—in that accursed Aesopian language—to which tsarism compelled all revolutionaries to have recourse whenever they took up the pen to write a “legal” work. It is painful, in these days of liberty, to re-read the passages of the pamphlet which have been distorted, cramped, compressed in an iron vice on account of the censor. That the period of imperialism is the eve of the socialist revolution; that social-chauvinism (socialism in words, chauvinism in deeds) is the utter betrayal of socialism, complete desertion to the side of the bourgeoisie; that this split in the working-class movement is bound up with the objective conditions of imperialism, etc.—on these matters I had to speak in a “slavish” tongue, and I must refer the reader who is interested in the subject to the articles I wrote abroad in 1914-17, a new edition of which is soon to appear. In order to show the reader, in a guise acceptable to the censors, how shamelessly untruthful the capitalists and the social-chauvinists who have deserted to their side (and whom Kautsky opposes so inconsistently) are on the question of annexations; in order to show how shamelessly they screen the annexations of their capitalists, I was forced to quote as an example—Japan! The careful reader will easily substitute Russia for Japan, and Finland, Poland, Courland, the Ukraine, Khiva, Bokhara, Estonia or other regions peopled by non-Great Russians, for Korea. I trust that this pamphlet will help the reader to understand the fundamental economic question, that of the economic essence of imperialism, for unless this is studied, it will be impossible to understand and appraise modern war and modern politics.

During the First World War, Lenin found himself isolated, but he was not afraid to fight against the stream. He dedicated all his strength to educating and training the Bolsheviks on the basis of the genuine ideas of Marxism. His masterpiece, Imperialism: The Highest Stage of Capitalism, is an immortal monument to his work in the vital field of theory. No book has ever explained the phenomena of modern capitalism better. Indeed, all of Lenin’s predictions concerning the concentration of capital, the dominance of the banks and finance capital, the growing antagonism between nation states and the inevitability of war arising out of the contradictions of imperialism have been shown to be true by the entire history of the last 100 years. Using the empirical evidence and statistics at his disposal, Lenin explains that, in the stage of imperialist monopoly capitalism, the entire economy is under the domination of the banks and finance capital. Today, over 100 years after it was first published, this domination is 100 times greater. Lenin’s text therefore stands as required reading for revolutionaries.

'Globalisation' is the buzzword of the 1990s. VI Lenin's Imperialism: The Highest Stage of Capitalism was one of the first attempts to account for the increasing importance of the world market in the twentieth century. Originally published in 1916, Imperialism explains how colonialism and the First World War were inherent features of the global development of the capitalist economy. In a new introduction, Norman Lewis and James Malone contrast Lenin's approach with that adopted by contemporary theories of globalisation. They argue that, while much has changed since Lenin wrote, his theoretical framework remains the best method for understanding recent global developments.

2021 Hardcover Reprint of 1934 Edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. "Imperialism, the Highest Stage of Capitalism", by Lenin, describes the function of financial capital in generating profits from imperial colonialism, as the final stage of capitalist development to ensure greater profits. The essay is a synthesis of Lenin's modifications and developments of economic theories that Karl Marx formulated in "Das Kapital". Lenin's book greatly influenced the Core-Periphery model of global capitalist development, as well as World-systems theory and Dependency theory.

Imperialism: The Highest Stage of Capitalism, written by Vladimir Lenin in 1916, is a summary of Lenin's expansion of the economic theories that Karl Marx established in Das Kapital. It makes an effort to explain how the global market became more significant in the 20th century. According to Lenin, the First World War and colonialism were both results of the globalisation of the capitalist system. The German, British, French, and Russian empires would eventually clash over the economic exploitation of significant portions of the world while colonising underdeveloped nations. He contends that in the capitalist homeland, the business class can buy local politicians, labour leaders, and the labour aristocracy with the money made from exploiting colonies in order to quell worker uprisings.

China and other Third World societies cannot 'catch up'. Much of the world's work has moved to the poor countries, yet - through dominating critical aspects of labour process - a few rich, imperialist countries monopolise the benefits. China and the Third World will remain poor and the vast global social divide is - under the present system - permanent.

Here, with critical notes and context, are V.I. Lenin’s Imperialism: The Highest Stage of Capitalism and Nikolai Bukharin’s Imperialism and World Economy. They are both essential for understanding the nature of imperialism and war historically—and today. V.I. Lenin (1870–1924) was a leader of the Russian Revolution and wrote extensively on the issues facing the working-class movement of his time. Nikolai Bukharin (1888–1938) was a Bolshevik leader and intellectual, and later a Soviet politician until his execution at the hands of Stalin’s government. Phil Gasper is a professor of philosophy at Notre Dame de Namur University in California. He writes extensively on politics and the philosophy of science and is a frequent contributor to CounterPunch. He is the author of Haymarket Books’ The Communist Manifesto: A Road Map to History’s Most Important Political Document.