The Five Characteristics of Neo-Imperialism: Does Lenin’s Theory Still Work?

This is a very interesting article about the characteristics of the new imperialism. How similar and different are they from Lenin’s theory which he developed in Imperialism, the Highest Stage of Capitalism? Among the five characteristics are the concentration of political power of ruling classes across nation-states; the monopolization of currency by the US dollar; the globalization and division of labor in the workforce and the predominance of finance capital over industrial capital. This is a terrific article for understanding the long-term trends of capitalism.

Leave a Reply

Your email address will not be published.