this post was submitted on 03 Jan 2024
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chapotraphouse
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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
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.