Day: 8 February 2021

Where Leninists go wrong

8th February 2021

From the Summer 1986 issue of the World Socialist The whole Leninist theory of imperialism turns on two or three major concepts: the twin notions of super-profits and super-exploitation, monopoly (denned in a strictly legal sense) and investment strategy. In Imperialism: The Highest Stage of Capitalism (1916), Lenin pretended to have discovered an ultimate and final stage of capitalism, and […]

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