Showing results for "Imperialism" in Money & Finance

Imperialism, the Highest Stage of Capitalism (1917), by Vladimir Lenin, describes the function of financial capital in generating profits from imperialist 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 (1867).

Vladimir Lenin’s 1916 essay "Imperialism: The Highest Stage of Capitalism", is a synthesis of Lenin's development of economic theories that Karl Marx formulated in Das Kapital. It attempts to account for the increasing importance of the global market in the 20th century. Lenin contends that colonialism and the First World War were the consequences of the global spread of the capitalist economy.

This edition of Super Imperialism is the finalized version of the analysis that Michael Hudson first published in the wake of President Nixon severing the dollar's link to gold in August 1971. Closing the gold window had been imminent since the London Gold Pool was disbanded in 1968 in response to the U.S. overseas military spending that had pushed the balance of payments into steadily deepening deficit since the Korean War (1950-51).

Imperialism: The Final Stage of Capitalism by Vladimir Lenin is a foundational Marxist text that explores the economic and political dynamics of imperialism in the early 20th century. Originally published in 1917, this work was a response to the global geopolitical landscape of the time and sought to analyze the nature of imperialism as the highest stage of capitalist development. Lenin argues that imperialism represents a new and advanced form of capitalism characterized by the domination of finance capital.

What accounts for the rise of the state, the creation of the first global system, and the dominance of the West? The conventional answer asserts that superior technology, tactics, and institutions forged by Darwinian military competition gave Europeans a decisive advantage in war from 1500 onward. Empires of the Weak argues that Europeans had no general military superiority in the early modern era. Sharman shows instead that European expansion is better explained by deference to strong Asian and African polities, disease in the Americas, and maritime supremacy earned by default.

The publication in 1848 of The Communist Manifesto came at a time when industrialization was reaching its peak, and signs of the cost to the working class blatant; the Revolutions of 1848 were just getting under way. Marx and Engels shared the belief that "the history of all hitherto existing society is the history of class struggles" and this notion formed a central part of the manifesto they crafted together. They believed that industrialization was simply a new form of struggle among the classes - the price paid by the lower class still high.