Imperialism, the Highest Stage of Capitalism

From Wikisource
Jump to: navigation, search
Imperialism, the Highest Stage of Capitalism  (1916) 
by Vladimir Ilyich Lenin
Imperialism, the Highest Stage of Capitalism, describes the relationship between capitalism and imperialism, wherein the merging of banks and industrial cartels produces finance capital. The final, imperialist stage of capitalism, originates in the financial function of generating greater profits than the home market can yield; thus, business exports (excess) capital, which, in due course, leads to the economic division of the world among international business monopolies, and imperial European states colonising large portions of the world to generate investment profits. Imperialism, thus, is an advanced stage of capitalism based upon monopoly and the export of capital — not goods, and of which colonialism is one but one feature.
Excerpted from Imperialism, the Highest Stage of Capitalism on Wikipedia, the free encyclopedia.