Is Imperialism the Latest Stage of Capitalism? Reflections on the Question of Periodization of Capitalism and Stages of Capitalist Development
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The title of the present chapter includes a question we are obliged to answer more tentatively than Lenin attempted to answer it, almost a century ago, in his similarly titled book. But it is a question that conceals another, much more basic to Marxist thought: is imperialism a specific ‘stage’ of capitalism? This inevitably diverts our discussion to issues of ‘history’, of ‘transformations’, of ‘phases’ or ‘stages’ of capitalism.
KeywordsSocial Formation Capitalist Production Capitalist Development Capitalist Relation Class Struggle
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