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Lenin's socio-political analysis of empire as the ultimate stage of capitalism derived from Imperialism: A Study (1902) by John A. Hobson, an English economist, and Finance Capital (Das Finanzcapital, 1910) by Rudolf Hilferding, an Austrian Marxist, whose syntheses Lenin applied to the geopolitical circumstances of the First World War, caused ...
The permanent revolution theory argues that the tasks allotted in the two-stage theory to the capitalist class can only be carried out by the working class with the support of the poor peasantry and that the working class will then pass on to the socialist tasks and expropriate the capitalist class. However, the revolution cannot pause here and ...
The lecture builds on Lenin's writings about the nature of imperialism, particularly 1917's Imperialism, the Highest Stage of Capitalism. Stalin opens his second lecture, on methods, with a reference to the period of the Second International in which Karl Kautsky and other orthodox Marxists adopted "opportunistic" ( revisionist ) principles to ...
According to Lenin, imperialism was a specific stage of development of capitalism; a stage he referred to as state monopoly capitalism. [26] The Marxist movement was split on how to solve capitalism's resurgence and revitalisation after the great depression of the late-19th century. [27]
Lenin's ideological contributions to the Marxist ideology relate to his theories on the party, imperialism, the state, and revolution. [1] The function of the Leninist vanguard party is to provide the working classes with the political consciousness (education and organisation) and revolutionary leadership necessary to depose capitalism .
Influenced by the events of the First World War, Lenin wrote the book Imperialism, the Highest Stage of Capitalism. He argued that imperialism was a product of monopoly capitalism, as capitalists sought to increase their profits by extending into new territories where wages were lower and raw materials cheaper. He also criticised Kautsky's view ...
To educate the working class on Marxism, Lenin insists that Marxists should form a political party, or vanguard, of dedicated revolutionaries in order to spread Marxist political ideas among the workers. The pamphlet, in part, precipitated the split of the Russian Social Democratic Labor Party between Lenin's Bolsheviks and the Mensheviks. [4]
Despite being a relatively small text which sought only to summarize the earlier ideas of Hobson, Hilferdung and Bukharin, Vladimir Lenin's pamphlet Imperialism, the Highest Stage of Capitalism is easily the most influential, widely read text on the subject of imperialism. [58] Lenin's argument differs from previous writers in that rather than ...