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Imperialism, the Highest Stage of Capitalism, [a] originally published as Imperialism, the Newest Stage of Capitalism, [b] [1] is a book written by Vladimir Lenin in 1916 and published in 1917.
Vladimir Ilyich Ulyanov [b] (22 April [O.S. 10 April] 1870 – 21 January 1924), better known as Vladimir Lenin, [c] was a Russian revolutionary, politician and political theorist who was the founder and first head of government of Soviet Russia from 1917 until his death in 1924, and of the Soviet Union from 1922 until his death.
The Soviet leader Vladimir Lenin suggested that "imperialism was the highest form of capitalism", claiming that "imperialism developed after colonialism, and was distinguished from colonialism by monopoly capitalism".
Imperialism: A Study (1902) established Hobson's international reputation in political science. His geopolitical propositions influenced the work of prominent figures such as Nikolai Bukharin, Vladimir Lenin, and Hannah Arendt. The book was one of the most influential books of the 20th century. [4]
Selected works by Vladimir Lenin. The Development of Capitalism in Russia, 1899. What Is To Be Done? Burning Questions of Our Movement, 1902. The Three Sources and Three Component Parts of Marxism, 1913. The Right of Nations to Self-Determination, 1914. Imperialism, the Highest Stage of Capitalism, 1917. The State and Revolution, 1917.
Hobson is best known for his writing on imperialism, which influenced Vladimir Lenin, and his theory of underconsumption. [1] His principal and earliest contribution to economics was the theory of underconsumption, a scathing criticism of Say's law and classical economics' emphasis on thrift. However, this discredited Hobson among the ...
Influenced by the events of the First World War, Lenin wrote the book Imperialism, the Highest Stage of Capitalism. He argued that imperialism was a product of monopoly capitalism, as capitalists sought to increase their profits by extending into new territories where wages were lower and raw materials cheaper. He also criticised Kautsky's view ...
Lenin's direct and simple definition of the State is that "the State is a special organisation of force: it is an organisation of violence for the suppression of some Social class." [3] [5] Hence his denigration even of parliamentary democracy, which was influenced by what Lenin saw as the recent increase of bureaucratic and military influences ...