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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 ...
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 ...
In his theoretical writings, particularly Imperialism, the Highest Stage of Capitalism, Lenin discussed what he regarded as developments in capitalism since Marx's death; in his view, it had reached the new stage of state monopoly capitalism. [439]
Selected works by Vladimir Lenin. The Development of Capitalism in Russia, 1899. What Is To Be Done? Burning Questions of Our Movement, 1902. The Three Sources and Three Component Parts of Marxism, 1913. The Right of Nations to Self-Determination, 1914. Imperialism, the Highest Stage of Capitalism, 1917. The State and Revolution, 1917.
Like many liberals, Hobson's objection to imperialism was strengthened by his disgust at the imbalance of power in the Boer War.. J. A. Hobson was an English liberal economist whose theory of imperialism was extremely influential among Marxist economists, particularly Vladimir Lenin, and Paul Baran and Paul Sweezy.
Revolutionary defeatism is a concept made most prominent by Vladimir Lenin in World War I. It is based on the Marxist idea of class struggle. Arguing that the proletariat could not win or gain when fighting a war under capitalism, Lenin declared its true enemy is the imperialist leaders who sent their lower classes into battle. Workers would ...
As a political term, social imperialism is the political ideology of people, parties, or nations that are, according to Soviet leader Vladimir Lenin, "socialist in words, imperialist in deeds". [1] Some academics use this phrase to refer to governments that engage in imperialism meant to preserve the domestic social peace.
Moreover, Lenin ideologically disagreed with Hobson’s opinion that capitalism, as an economic system, could be separated from imperialism; instead, he proposed that, because of the economic competitions that had provoked the First World War, capitalism had come to its end as a functional socio-economic system, and that it would be replaced by ...