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this post was submitted on 15 Jul 2026
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As I understand it, Lenin’s definition of imperialism was not based on a capital surplus, but rather on the proportion of monopoly capital or finance capital within a country. If one looks at the balance of capital inflows, Tsarist Russia—long a net importer of capital from Britain and France—certainly would not qualify as an imperialist power; yet, aside from Lenin, you would be hard-pressed to find anyone else in the world who was more intent on destroying Tsarist Russia.