What is imperialism and give its features
Answers
Answered by
1
The concentration of production and capital has developed to such a high stagethat it has created monopolies which play a decisive role in economic life;2) the merging of bank capital with industrial capital, and the creation, on the basis of this ‘finance capital’, of a financial oligarchy;3) the export of capital as distinguished from the export of commodities acquires exceptional importance;4) the formation of international monopolist capitalist associations which share the world among themselves, and5) the territorial division of the whole worldamong the biggest capitalist powers is completed.” (Lenin,Imperialism, the Highest Stage of Capitalism, Progress Publishers, English edition, p.84)Le
Similar questions