On the Question of Imperialism

Is Russia Imperialist? There is much confusion as to the nature of imperialism. Many analysts contend that there is only one form of imperialism in the world today, namely NATO and that countries such as Russia and China are the leaders of a global anti-imperialist front, resisting domination by the Western corporate elite. However, such as theory does not stand up to scrutiny. In his book Imperialism: the Highest Stage of Capitalism, Vladimir Lenin defined imperialism as monopoly capitalism. He writes: If it were necessary to give the briefest possible definition of imperialism we should have to say that imperialism is the monopoly stage of capitalism. Such a definition would include what is most important, for, on the one hand, finance capital is the bank capital of a few very big monopolist banks, merged with the capital of the monopolist associations of industrialists; and, on the other hand, the […] Read More