7 letter word (ALL CAPS) for the "number of children" in Lenin's empire.
Answers
Answer:
Lenin’s theory of imperialism revolves primarily around the systematic exploitation of the poor economies by monopoly capital based principally in the rich economies. Within Lenin’s framework, inter-imperialist wars are secondary to exploitation of the poor economies, as these wars are ultimately about redrawing the terms and conditions of that exploitation.
For Lenin, the key to understanding imperialism is monopoly. He argued: “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”. Lenin outlined five principal features characterising imperialism at the beginning of the twentieth century. Monopoly is at the core of all five.
They were :-------
(1) the transition from free competition to monopoly production
(2) the formation on this basis of monopolist trusts, cartels and banks and their merger into a new, higher form of monopoly – “finance capital”
(3) the exceptional importance of export of capital as opposed to export of commodities
(4) beginning of division of the world between international monopolist businesses
(5) completion of division of the world between the great powers.
However, since Lenin wrote, some forms of monopoly have changed.
Lenin’s theory of imperialism revolves primarily around the systematic exploitation of the poor economies by monopoly capital based principally in the rich economies. Within Lenin’s framework, inter-imperialist wars are secondary to exploitation of the poor economies, as these wars are ultimately about redrawing the terms and conditions of that exploitation.
For Lenin, the key to understanding imperialism is monopoly. He argued: “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”. Lenin outlined five principal features characterising imperialism at the beginning of the twentieth century. Monopoly is at the core of all five.
They were ..
(1) the transition from free competition to monopoly production
(2) the formation on this basis of monopolist trusts, cartels and banks and their merger into a new, higher form of monopoly – “finance capital”
(3) the exceptional importance of export of capital as opposed to export of commodities
(4) beginning of division of the world between international monopolist businesses
(5) completion of division of the world between the great powers.
However, since Lenin wrote, some forms of monopoly have changed.