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'''Imperialism''' is the | '''Imperialism''' is the highest stage of [[capitalism]], described by Lenin as "capitalism in transition" or "moribund capitalism."<ref>https://www.marxists.org/archive/lenin/works/1916/imp-hsc/ch10.htm</ref> Under imperialism, [[Financial sector|banks]], [[monopolies]] and [[cartels]] become the prevalent economic force of society, rather than the producers and industrial capitalists who were prevalent in the lower stages of capitalism. | ||
== References == | == References == | ||
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Latest revision as of 16:48, 22 March 2024
Imperialism is the highest stage of capitalism, described by Lenin as "capitalism in transition" or "moribund capitalism."[1] Under imperialism, banks, monopolies and cartels become the prevalent economic force of society, rather than the producers and industrial capitalists who were prevalent in the lower stages of capitalism.