this post was submitted on 03 Jan 2024
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chapotraphouse
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probably not enough, only what is to be done. what should i read thats relevant
Imperialism: The Highest Stage Of Capitalism. Lenin 'briefly' defines imperialism as:
Definition
(1) the concentration of production and capital has developed to such a high stage that it has created monopolies which play a decisive role in economic life;(2) the merging of bank capital with industrial capital, and the creation, on the basis of this “finance capital”, of a financial oligarchy;
(3) the export of capital as distinguished from the export of commodities acquires exceptional importance;
(4) the formation of international monopolist capitalist associations which share the world among themselves, and
(5) the territorial division of the whole world among the biggest capitalist powers is completed. Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capital is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun, in which the division of all territories of the globe among the biggest capitalist powers has been completed. Essentially once the markets within a nation have developed to the point of monopolies, they must expand to foreign markets. Imperialism can be described as exploitation by foreign capital
sure, but lenin is writing probably more specifically than most people's usage of the word. if i look up the definition of imperialism, i get:
from https://www.britannica.com/topic/imperialism
from https://www.merriam-webster.com/dictionary/imperialism
from https://en.wikipedia.org/wiki/Imperialism
so i guess my question is, why exactly do you think lenin's specific definition is superior or should be used in this context?
I was just providing lenin's definition of imperialism in the context of the conversation because It seemed that folks were talking past one another. I believe that if you are approaching imperialism from a Leninist (or analogous) perspective it's important to have the specific definition to at least be able to cut off any confusion based on specific terminology from the get go. I also didn't listen to the podcast in context of the post for what it's worth, and I'm not really coming down too hard on any side here. I was just hoping to provide some context lol
That being said, since there is the more colloquial use of the term that most people understand as 'empire-building' which includes conquest, settling, etc., I just tend to lay out specifically If I'm talking about imperialism as understood within a capitalist framework versus imperial projects. Lenin's writings on finance/capitalist imperialism is certainly supposed to be evocative of empire building so in casual context I don't think that it matters all too much to use the term more loosely unless you are getting into the weeds regarding social imperialism or whatever else. I think it's unfortunate that lenin didn't name it neoimperialism or some other more clever portmanteau/neologism.
So the majority of what we call empires historically, didn't practice imperialism?
So lenin called the eponymous process outlined in his Imperialism thusly certainly to be evocative of previous imperial projects but he was outlining a contemporary system that only can really exist under capitalist economy. Some empires could be argued that they engaged in a form of "proto-imperialism" within this definition because there are certainly through lines. All that being said, this is a semantic argument that I try to avoid by making clear what type of "imperialism" I'm evoking.
yeah, that should definitely be called Capitalist Imperialism, not just Imperialism or its simply not clear communication.