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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (36203)	6/28/2008 8:08:13 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 217617

"Domestically, capital was concentrating into large monopolistic corporations integrated with and led by a few large financial oligarchies." - in this case Gasprom and the Putin gang marxmail.org Step one - Karl Max - Marx thought that as capitalism had replaced feudalism with a new mode of production, which was more productive and efficient, the same thing would happen to produce a replacement for capitalism. In the end, as the workers were impoverished (when capitalists drove down wages) and the number of capitalists dwindled (as competition was replaced by larger and larger monopolies), the capitalists would end up with no one to sell their goods to and nothing to do with the capital derived from their profits. This would produce increasingly severe credit and banking crises, until the proletariat would easily tip over the whole rotten structure and replace it with a classless society. Step 2 - Lenin developed a theory of imperialism aimed to improve and update Marx's work by explaining a phenomenon which Marx predicted: the shift of capitalism towards becoming a global system (hence the slogan "Workers of the world, unite!"). At the core of this theory of imperialism lies the idea that advanced capitalist industrial nations increasingly come to export capital to captive colonial countries. They then exploit those colonies for their resources and investment opportunities. This superexploitation of poorer countries allows the advanced capitalist industrial nations to keep at least some of their own workers content, by providing them with slightly higher living standards. For these reasons, Lenin argued that a proletarian revolution could not occur in the developed capitalist countries as long as the global system of imperialism remained intact. Vladimir Lenin is a classic Marxist theoretical treatise on the relationship between capitalism and imperialism. In this work Lenin identifies the merging of banks and industrial cartels as giving rise to finance capital. According to Lenin, in the last stage of capitalism, in pursuit of greater profits than the home market can offer, capital is exported. This leads to the division of the world between international monopolist firms (like Gazprom for exanmple) and to European states colonizing large parts of the world in support of their businesses. Imperialism is thus an advanced stage of capitalism, one relying on the rise of monopolies and on the export of capital (rather than goods), and of which colonialism is one feature (Bowles 2007). en.wikipedia.org According to Lenin as a result of the super-profits generated by this colonial exploitation, capitalists are able to bribe labour leaders and the upper stratum of the labour aristocracy in the home country thus avoiding the risk of worker revolt there. (what is happen now in EU) marxists.org Now try to turn the tables - as high commodity prices are a pure mechanism of wealth transfer in this case Russia which exercise the exact theory mentioned above