Imperialism as the Highest Stage of Capitalism and Modern Global Economy
Essay in Microeconomics “Imperialism as the highest stage of capitalism and modern global economy” by Tania Mousel
Introduction Probably no other country in the world has gone through more complex and radical changes in its history over the last 100 years than the Russian Federation. In the last century this vast and diverse territory went from being an empire to being the main part of the Soviet Union, to being a liberal democracy. One of the key characters of the early developments was Vladimir Lenin. Born in 1870 in Simbirsk, he became involved in left politics already as a young adult, and even had to live in exile in different parts of Europe during the last 20 years of the Romanov Empire. He came back to Russia after the February Revolution in 1917, and after the October Revolution, he became the leader of the new founded SFSR and the prime minister of the Soviet Union from 1922 until he died in 1924. The essay analyzed in this document, “Imperialism, the Highest Stage of Capitalism”, was written during his exile in Zürich in 1916. Imperialism is the creation and maintenance of a country's power and influence through military force. Capitalism is an economic system based on the private ownership of capital goods and the means of production, with the creation of goods and services for profit. The problematic discussed in Lenin’s essay is about the damage that imperialism does to the economy, inspired of the events happening at that time, the First World War. In this work, in a first part, Lenin’s essay will be analyzed in more detail and in a second part it will be compared and put in relation to the modern global economy.
Imperialism, the Highest Stage of Capitalism As a socialist and Marxist, Lenin condemned capitalism and based his works on the earlier theories by Karl Marx. He modified them and developed them further. His essay about imperialism as the highest stage of capitalism is a sort of synthesis of his previous works on
Introduction Probably no other country in the world has gone through more complex and radical changes in its history over the last 100 years than the Russian Federation. In the last century this vast and diverse territory went from being an empire to being the main part of the Soviet Union, to being a liberal democracy. One of the key characters of the early developments was Vladimir Lenin. Born in 1870 in Simbirsk, he became involved in left politics already as a young adult, and even had to live in exile in different parts of Europe during the last 20 years of the Romanov Empire. He came back to Russia after the February Revolution in 1917, and after the October Revolution, he became the leader of the new founded SFSR and the prime minister of the Soviet Union from 1922 until he died in 1924. The essay analyzed in this document, “Imperialism, the Highest Stage of Capitalism”, was written during his exile in Zürich in 1916. Imperialism is the creation and maintenance of a country's power and influence through military force. Capitalism is an economic system based on the private ownership of capital goods and the means of production, with the creation of goods and services for profit. The problematic discussed in Lenin’s essay is about the damage that imperialism does to the economy, inspired of the events happening at that time, the First World War. In this work, in a first part, Lenin’s essay will be analyzed in more detail and in a second part it will be compared and put in relation to the modern global economy.
Imperialism, the Highest Stage of Capitalism As a socialist and Marxist, Lenin condemned capitalism and based his works on the earlier theories by Karl Marx. He modified them and developed them further. His essay about imperialism as the highest stage of capitalism is a sort of synthesis of his previous works on