Sharing the deeply educational content I read daily along with my understanding and notes (trying to update daily)

As the title suggests, this topic’s content is excerpted from my daily reading materials, sharing my understanding and what I believe to be profoundly educational content. I will also raise questions I encounter in the theories. I aim to update this daily.

2/21

(1): Financial capital concentrated in the hands of a few and enjoying actual monopoly rights, gaining large and increasingly profits through founding enterprises, issuing securities, handling government bonds, etc., consolidates the rule of financial oligarchs and levies tribute on society on behalf of monopolists.

— Vladimir Ilyich Lenin, from Chapter 3 “Financial Capital and Financial Oligarchy” of “Imperialism, the Highest Stage of Capitalism”

Due to the free competition in capitalism, some special enterprises gather by chance, and in capitalism, their concentration is inevitable. The details of their connection include social necessary labor time, expanded reproduction, increased organic composition of capital, and average profit rate, to specifically examine how a particular enterprise develops. Once the bourgeoisie gains some economic advantages, they fiercely defend their plundered results, including continued expansion of reproduction (also including competition, in my understanding, capitalist expansion also involves “integration” of other bourgeoisie). Ultimately, this leads to enterprise concentration. I have two understandings of concentration: first, a simple increase in the organic composition; second, enterprises forming monopolistic alliances to gain high labor productivity, facilitate circulation, etc. Eventually, many enterprises fall, and a few private giants participate in every part of life (using shares) and even get involved in politics.
And the financial oligarchs are caused by the development of banking capitalists, specifically because they control the funds of industrial capitalists and use these funds for industrial investment. However, banking also faces some competition (not like industrial capitalists competing based on organic composition, is it competition through interest rates? Initially, weren’t banking monopolists relying solely on early development? How did banking oligarchs grow strong, I don’t understand). In the end, some banking capitalists stand out (is the concentration of banking more intense than that of industrial capitalists?), relying on interest rates to store large amounts of circulating funds in banking giants, which in turn backfires on industrial capitalists. Long-term storage makes industrial capitalists passive, and banking capitalists fully understand their production realities (peak season, off-season), exposing their weaknesses. Finally, these banks gradually “participate” in industrial capitalists and even replace them, forming distorted development of financial oligarchs. However, Lenin’s statement “levying tribute on society on behalf of monopolists” I do not understand. In my view, financial oligarchs seem to be the most powerful forces in society, such as China’s four major banks (People’s, Agricultural, Industrial, Construction) almost controlling the entire society, and the two major American financial groups (Rockefeller, Morgan) are similar. So, why “levying tribute on society”? Are there even more powerful forces above them?

(2): Since monopolies have already formed and control billions of capital, they inevitably penetrate all aspects of social life, regardless of political systems or other “details.”

— Vladimir Ilyich Lenin, from Chapter 3 “Financial Capital and Financial Oligarchy” of “Imperialism, the Highest Stage of Capitalism”

This reveals that the growing strength of monopolies eventually penetrates into national politics. They fund (bribe) politicians to facilitate their plans for production. “All aspects” indicates that the increasing power of monopoly capitalists ultimately infiltrates the entire society, and everyone gradually submits to this economic force (but I don’t understand why political prostitutes don’t use military force to “seize” industries). “Regardless of political systems or other ‘details’” shows that whether it is fascism, constitutional monarchy, or republican capitalism, their essence is the same.

(3): The general characteristic of capitalism is the separation of the ownership of capital from its use in production, with monetary capital separated from industrial or productive capital, relying on income from monetary capital to survive, such as usurers, and entrepreneurs and all who directly participate in capital utilization are separated. The rule of imperialism or financial capital is the highest stage of capitalism, where this separation reaches a great extent.

— Vladimir Ilyich Lenin, from Chapter 4 “Capital Export” of “Imperialism, the Highest Stage of Capitalism”

My understanding of Lenin’s “separation of capital ownership from its use in production” is that capitalists gradually become the most decayed class, living off interest coupons, lending high debts for interest, and engaging in commercial fraud and so-called “Ponzi schemes.”

(4): The characteristic of old capitalism with free competition is commodity export. The characteristic of the latest capitalism with monopoly is capital export. Capitalism is the most developed form of commodity production, where labor power also becomes a commodity. The development of domestic and especially international exchange is a representative feature of capitalism. Under the capitalist system, the development of enterprises, industrial sectors, and countries is inevitably unbalanced and leapfrogging.

— Vladimir Ilyich Lenin, from Chapter 4 “Capital Export” of “Imperialism, the Highest Stage of Capitalism”

In the era of free competition, almost no enterprise could oversee the entire world to extract raw materials, utilize cheap labor, and plan orderly production because, during free competition, monopolies had not yet reached a level capable of “controlling the world,” making capitalists unable to export capital due to scarcity. Therefore, they could only profit through domestic or international trade. As free competition transitioned into imperialism, capitalists began to have different levels of monopoly, enabling them to conduct field investigations to discover raw materials and good investment locations, leading to rapid colonization, which explains the rapid development of colonial systems in the late 19th century. Moreover, these investors would leverage high labor productivity to economically invade weaker countries through colonial policies to exploit local “demographic dividends,” “low labor reproduction costs,” “raw materials,” and other factors, investing, building factories, and gradually “participating” in politics to influence national strategies and military policies.

“The development of domestic and especially international exchange is a characteristic of capitalism. Under the capitalist system, the development of enterprises, industrial sectors, and countries is inevitably unbalanced and leapfrogging.”
Lenin’s statement reveals that capitalists can also analyze and transform fixed capital previously eliminated by imperialism into their means of production, which requires certain costs—possibly gold, investments, or political demands.

Bukharin and Deng Xiaoping once advocated large-scale purchase of imperialist production materials to support domestic production. However, such opportunists did not analyze whether this behavior would create dependence on imperialism, leading to stagnation, ultimately being manipulated by imperialism. Of course, from their mistaken stance, they did not consider this thoroughly.
After experiencing counterattacks from revisionists, socialist USSR and China purchased weapons and production materials from other imperialist countries, granting imperialist investment rights, and began implementing a policy of opening doors, inviting foreign imperialists to invest to weaken the collective ownership enterprises and people’s communes (collective farms). Their inner motives were very sinister. This fully demonstrates that revisionism, once in power, immediately colluded with foreign imperialists and long-term cooperation. Then, they began to implement fascist reactionary policies, selling off national sovereignty, suppressing protests, and rapidly changing the economic foundation. As for the people’s suffering? They do not consider it.
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2/22, today I was tormented by a scammer for an hour, causing the original plan to be disrupted, and the reading report scheduled for the 22nd may be produced on the morning of the 23rd according to the new plan.

“Building is not as good as buying, and buying is not as good as renting”

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(1) As long as capitalism remains capitalism, excess capital will not be used to improve the living standards of the domestic people (because this would reduce the profits of capitalists), but will be exported abroad, to backward countries, to increase profits. In these backward countries, profits are usually very high because there is less capital, land prices are cheap, wages are low, and raw materials are inexpensive.
—Vladimir Ilyich Lenin, from Chapter Four “Capital Export” of “Imperialism, the Highest Stage of Capitalism”

Lenin also revealed that capitalist commodity production fundamentally cannot meet the actual needs of the proletariat (use value), and instead, profits always drive their actions. The reason they force the masses into a predicament of being underfed yet not starving is due to the laws of capitalist value, where differences in labor productivity lead to commodity prices that force necessary goods to be in long-term overall shortage, while the continuous improvement of domestic labor productivity saturates the market, causing excess goods to be exported abroad, and simultaneously, domestic products are again in short supply. Additionally, they earn extra profits from countries with lower labor productivity (the necessity of exporting capital is because capitalism has become “over-mature” in a few countries, and profitable investment opportunities are no longer enough). This explains why capitalism, even to this day, struggles to solve the problem of some people suffering from hunger and cold. The lower labor productivity abroad allows foreign capitalists to seize opportunities and dominate the entire market, suppressing all production in colonies, which also explains that if the Third World does not adhere to national liberation wars, it might long or even forever remain colonies of imperialism (I have a question here: does semi-colonialism mean borrowing from multiple capital sources, thus giving colonies some so-called “autonomy”—or does the involvement of multiple capital forces make semi-colonies difficult to implement? Furthermore, borrowing from multiple sources allows the gradual increase of national labor productivity, enabling national capital to grow under imperialist struggles, eventually forming “three-line imperialism”—such as modern Finland, Canada, Australia, Turkey—rising in this manner. Exceptions are due to their status as “three-line imperialism,” but previous capital input still leaves some passive aspects of national sovereignty (for example, the US later stationed troops in Turkey to undermine national sovereignty).

(2) Financial capital has created the era of monopoly organizations. These monopolies implement principles of monopoly everywhere: using “connections” to establish favorable contracts, replacing competition in open markets. The most common phenomenon is requiring a portion of loans to purchase debt-ridden countries’ products, especially military supplies, ships, etc., as conditions for loans.
—Vladimir Ilyich Lenin, from Chapter Four “Capital Export” of “Imperialism, the Highest Stage of Capitalism”

This is easy to understand: when imperialism loans to colonies (or relatively weaker imperialist countries), they always exploit the inherent deficiencies of their domestic production to dominate colonies’ military, fixed capital, and machine tool production (since colonies cannot produce such goods, this measure involves exporting large quantities of machine tools, making domestic means of production foreign goods, and colonies must flatter imperialist countries to expand reproduction). Meanwhile, the conditions of loans also cause colonies to buy large amounts of imperialist goods, leading to long-term dependence on a single imperialist country and trapping colonies in an environment of especially relying on them. This measure is an extension of financial capital’s lending costs—initially perhaps just interest, but now gradually controlling foreign production.

(3) Countries exporting capital have already divided the world. However, financial capital has led to the direct division of the world.
—Vladimir Ilyich Lenin, from Chapter Four “Capital Export” of “Imperialism, the Highest Stage of Capitalism”

Imperialism has formally divided colonies, but among imperialist countries, there are still strong and weak ones. They use various means to exchange “investment rights.” They may rely on their own capital advantages, take advantage of other imperialist countries’ crises, or use loan conditions to fight each other for greater monopoly profits.

This fundamentally leads to the so-called “new colonialism,” where the colonies are under the control of this imperialist but also involve many imperialist capitals (I think the US and Russia’s appeasement is essentially a compromise to divide Ukraine’s interests, also possibly to appease Russia). Lenin also explained: “The domestic market must inevitably be connected with the foreign market. Capitalism has already created a world market. Therefore, with the increase of capital export, the expansion of the largest monopoly alliances’ foreign and colonial connections, and the expansion of “spheres of influence,” these monopolies naturally reach international agreements, forming an international cartel.”—“The Capitalist League Dividing the World”. I think this explanation is much better than mine.

(4) The forms of struggle may change due to various partial and temporary reasons, and often do change. However, the essence of the struggle and the class content will never change as long as classes exist.
—Vladimir Ilyich Lenin, from Chapter Five “The Capitalist League Dividing the World” of “Imperialism, the Highest Stage of Capitalism”

Lenin’s words actually refute Bukharin’s ultra “imperialism” theory, demonstrating that imperialism can sometimes unite and at other times fiercely oppose each other. The essence of the struggle does not change because the bourgeoisie’s class nature makes them a fundamentally profit-seeking class. These ruling classes form alliances based on mutual interests, which can be dissolved or betrayed based on interests. Although they may form alliances, due to their sphere of influence or capital, they may harbor various schemes, and internal struggles occur within alliances to maximize their interests. In other words, outwardly they are alliances, but internally, there are fierce conflicts.

(5) The bourgeoisie dividing the world is not because they are particularly malicious, but because their concentration has reached a stage where they must pursue profit; and their division of the world is “by capital” and “by strength,” which is impossible to do otherwise under commodity production and the capitalist system.
—Vladimir Ilyich Lenin, from Chapter Five “The Capitalist League Dividing the World” of “Imperialism, the Highest Stage of Capitalism”

I believe I have expressed my understanding of this sentence earlier.

“Renting is not as good as borrowing”

2/23

(1) The so-called (partition) completion does not mean that re-partition is impossible — quite the opposite, re-partition is possible and inevitable — but it means that under the colonial policies of capitalist countries, all unoccupied land on our planet has been seized. The world has been partitioned for the first time, so in the future there will only be re-partition, that is, from one “owner” to another “owner”, rather than from unowned to “owned”. — Vladimir Ilyich Lenin, from Chapter 5 “The Division of the World by the Great Powers” in “Imperialism, the Highest Stage of Capitalism”

Colonies have been formally divided, but in substance, monopolists plan to attempt another division through the combined power of monopoly capital (buying companies, usury, competition agreements among monopolies). However, the imperialist ruling class, to ensure its monopoly rights, has successively set up investment restrictions, tariffs, and other obstructive policies, making the territories under imperialist control relatively stable. This causes some imperialist commodities to circulate and invest within certain limits, and free competition has been abolished; monopoly law has risen above the state, and capitalists are silenced, on the brink of death. Therefore, to create a market for their goods, they must use force to open the investment gates, which at this moment shows that the contradictions among imperialist powers are intensifying.

(2) These small countries can maintain their colonies mainly because there are conflicts and interests among great powers, which hinder them from reaching agreements on division.
— Vladimir Ilyich Lenin, from Chapter 5 “The Division of the World by the Great Powers” in “Imperialism, the Highest Stage of Capitalism”

Due to the fierce struggle among imperialist countries, they seek to lure these small countries to serve their interests. Additionally, previous investments and influences lead to differing attitudes (if hostile, aid can be used to change public opinion), and superpowers “mediate” through military threats and inducements. These conditions make small countries reluctant to act without certain military guarantees (investment power, interest binding).

(3) Talking about imperialism generally while ignoring or neglecting the fundamental differences in socio-economic formations inevitably turns such discussions into hollow talk or boastfulness, like comparing “Great Rome” and “Great Britain”.
— Vladimir Ilyich Lenin, from Chapter 5 “The Division of the World by the Great Powers” in “Imperialism, the Highest Stage of Capitalism”

Lenin’s statement draws attention to the core of imperialism — monopoly, rather than examining phenomena called “empire”. Merchants claim that the Mongol Empire’s western expansion was “imperialist” conquest, ignoring the production relations; the Mongol Empire was a state with strong slaveholding features, whereas modern imperialism relies on high labor productivity for monopoly. These are fundamentally different production relations with different interests: slave owners sought to acquire many slaves for expansion, while modern capitalism mainly exploits under the guise of freedom and equality. Although both are exploitative systems, their economic services and superstructure differ. Merchants’ confusion and misanalysis aim to make people forget the core of imperialism — monopoly.

(4) Only by occupying colonies can monopolistic organizations fully guarantee their victory, overcoming various unforeseen events in the struggle against competitors, until the enemy’s plan to use national monopoly laws for self-defense is realized. As capitalism develops further and raw materials become scarcer, the struggle for raw materials intensifies. The reason for raw material shortages is that the bourgeoisie, driven by interests, seeks those raw materials that can bring huge profits; they rush like wolves, and with fierce competition, expensive and relatively clean resources are already controlled by imperialist powers. They find it difficult to expand reproduction further, and due to contradictions between production and profits, world wars become inevitable. (Estimates of future “possible” profits, not current ones, and the valuation of monopolies’ future assets at one or two times higher, as well as financial capital’s estimates of potential raw material sources, all stem from the frantic struggle over the last few unpartitioned or re-partitioned lands, regardless of their location or means.) Driven by such interests, they even claim sovereignty over the Sahara Desert, illustrating the greed of the bourgeoisie.

The characteristics of imperialism are not only about annexing agricultural regions but also about trying to annex highly developed industrial regions (Germany’s ambitions over Belgium, France’s ambitions over Lorraine). First, the world has already been divided, and in the process of new division, any land is fair game; second, an important feature of imperialism is that major powers seek hegemony — territorial conquest — mainly to weaken and destroy their enemies’ power (for Germany, Belgium is a key anti-English base; for Britain, Baghdad is a crucial anti-German base, etc.).
— Vladimir Ilyich Lenin, from Chapter 6 “The Empire as the Highest Stage of Capitalism” in “Imperialism, the Highest Stage of Capitalism”

I feel there is no opinion I want to share here.

Imperialism Theory, Chapter 8 “Imperialism is Parasitic and Decadent”
(1) Sharing meaningful content:

  1. The deepest economic foundation of imperialism is monopoly. This is capitalism’s monopoly, meaning that this monopoly has grown from capitalism and exists within the general environment of capitalism, commodity production, and competition, while often conflicting with this environment.
  2. In Britain, more and more land is no longer used for agriculture but has become a place for the rich to enjoy leisure activities. The annual expenditure on horse racing and fox hunting alone amounts to fourteen million pounds.
  3. Imperialism has a tendency to create privileged classes among workers, separating them from the broad masses of the proletariat.

(2) Thoughts on this chapter:

(3) Questions:

Imperialism Theory, Chapter 9 “Critique of Imperialism”
(1) Sharing meaningful content:

  1. On one hand, a large amount of financial capital is concentrated in the hands of a few, forming a dense network of relationships and connections. This network not only controls many small and medium capitalists and owners but also controls the smallest capitalists and owners; on the other hand, financial groups of one country are engaged in fierce struggles with financial groups of other countries to divide the world and dominate other nations—resulting in all property-owning classes shifting towards imperialism.
  2. The widespread obsession with the prospects of imperialism, the frantic defense of imperialism, and the attempt to beautify imperialism—these are the signs of our time. The ideology of imperialism has also infiltrated the working class.
  3. No matter how you interpret Kautsky’s assertions repeatedly, there is nothing but reactionary and bourgeois reformist elements involved.
  4. The alliance of international imperialism or “super-imperialism” in capitalist reality, regardless of its form—whether one imperialist alliance opposes another or all imperialist powers form a grand alliance—is inevitably only a “ceasefire” between two world wars. Peace alliances prepare for war, and they grow out of war. Both mutually restrain each other, based on the same foundation—namely, the imperialist relations and interconnectedness of world economy and politics—leading to alternating forms of peaceful and non-peaceful struggles.

(2) Thoughts on this chapter:

(3) Questions:

Imperialism Theory, Chapter 10 “The Historical Status of Imperialism”
(1) Sharing meaningful content:

  1. Monopoly develops from the concentration of production to an extremely high stage.
  2. Monopoly intensifies the plunder of the most important raw material sources, especially in key capitalist industries with high cartelization, such as coal and steel industries.
  3. Monopoly has grown from banking. Banks have transformed from ordinary intermediary enterprises into monopolists of financial capital.
  4. Monopoly has grown from colonial policies. Besides the numerous “old” motives of colonial policy, financial capital has added motives such as competing for raw materials, exporting capital, vying for “spheres of influence” (i.e., engaging in advantageous transactions, obtaining concessions, and securing monopoly profits), and competing for general economic territories.

(2) Thoughts on this chapter:

(3) Questions:

To be completed tomorrow.

I suggest you study the functions of the forum posting tools. There is a quote feature that can turn part of your text into a quote format. You just need to select the text you want to quote and then click the quotation mark icon. This will look much better. Also, the forum homepage will display a thumbnail of the first post’s image. You can insert an image in the first post to make it more visually appealing.
Sometimes, the format can have a significant impact on the content.

Understood, I will do that in the next editing.

Imperialism, Chapter 8 “Imperialism is Parasitic and Decadent”

(1) Sharing meaningful content

  1. The deepest economic foundation of imperialism is monopoly. This is monopoly of capitalism, meaning that this monopoly has grown from capitalism and exists within the general environment of capitalist, commodity production and competition, while often conflicting with this environment.
  1. In Britain, more and more land is no longer used for agriculture but has become a place for the rich to enjoy leisure activities. Every year, Britain spends 14 million pounds on horse racing and fox hunting alone.
  1. A trend of imperialism is to create privileged classes among workers, separating them from the broad masses of the proletariat.

(2) Reflections on this chapter

Monopoly capitalism developed from free competition capitalism. First, the anarchic production of capitalism causes disparities among “industrialists,” with some enterprises growing due to chance, increasing their labor productivity. Subsequently, the bourgeoisie uses this gap to strike against weaker bourgeoisie entities. The bourgeoisie relies on extreme individualism to get rich, which also involves attacking their own class. Ultimately, malicious competition among bourgeoisie (average profit) causes successive bourgeoisie to fall. They then leverage their strong labor productivity (organic composition) to produce large quantities of “good-quality, cheap” goods for huge profits. Additionally, they further expand the advantages of monopoly in reproduction, ultimately controlling social productivity development in the hands of a few, while the so-called “good-quality, cheap” goods gradually become more expensive. As Lenin said, “This is capitalism’s monopoly, meaning that this monopoly has grown from capitalism and exists within the general environment of capitalism, commodity production, and competition, while often conflicting with this environment.” When capitalism reaches the monopoly period, the socialized commodity production fully manifests the contradictions of commodities: value production becomes the sole social standard. After the bourgeoisie achieves complete victory, they use this foundation to react against the economic base, in other words, to establish dictatorship.

On the surface, various bourgeois ideological forms are expressed through different lifestyles. First, they openly promote bourgeois individualism, dominating social opinion.

Although bourgeois ideas influence people for a long time, it does not mean the proletariat consciousness is entirely lost. Modern industrial production unites various interests (secondary interests, since within this group, apart from strikebreakers and bourgeoisie, there are mainly contradictions among the people). The proletariat, along with poor peasants, are the main creators of social wealth, oppressed and exploited, and the most severely affected groups. They have long been exploited and bullied by bosses and thugs. Therefore, they especially hate exploiters and are willing to give up all their interests to overthrow capitalism. The bourgeoisie plays a role in superstructure and also in the economic base. Modern large-scale production has become increasingly distorted, cultivating a large number of parasitic “free-riders” who live by “cutting coupons,” indulging in leisure and wasting social wealth and resources due to their selfish individualism. The development of commodity value production into the monopoly period has not eliminated the contradictions between commodities and value; on the contrary, it has intensified them.

The continuous development of capitalism has increased the organic composition of capital, creating many unemployed. The relative impoverishment of capitalism leads to absolute poverty, making many workers unable to afford the products they produce and facing endless unemployment, resulting in monopolistic enterprises accumulating “huge stockpiles of goods” but unable to turn over. When capitalism reaches this stage, its reactionary face is fully exposed. The ruling class, to maintain the functioning of the state machinery and production, intensifies exploitation, making the lives of the proletariat in existing jobs increasingly difficult. As a result, widespread poverty prevents goods from circulating, leading to economic crises. Crises caused by financial and industrial monopoly capital further impact the state, leading to political and economic crises, and increasing the possibility of proletarian revolution victory. Because these crises are always borne by the masses, the contradictions may not be fully expressed during free competition, but in the era of consolidated monopoly, the crises are likely to expand, making capitalism’s development proportional to the severity of crises, and ultimately leading to its downfall. Additionally, as production materials are concentrated in the hands of a few, they accumulate vast wealth, which will eventually be exhausted. The depletion of basic reproductive wealth indicates that capitalism is not far from demise.

However, any reactionary force will make a frantic counterattack before death to seek survival. Slave owners and feudal landlords do this, and so do the bourgeoisie. They adopt “soft and hard” strategies: on one hand, they use the huge excess profits from colonies to buy off and divide their class enemies—the proletariat—making betrayal easier; on the other hand, they adopt openly reactionary policies—fascism, brutally suppress all workers’ movements, and buy off class enemies to stabilize power. But these are merely the bourgeoisie’s dying struggles.

(3) Questions

After reading this chapter, I have no questions.

Imperialism, Chapter 9 “Critique of Imperialism”

(1) Sharing meaningful content

  1. On one hand, a large amount of financial capital is concentrated in the hands of a few, forming a dense network of relationships and connections. This network not only controls many small and medium capitalists and owners but also the smallest capitalists and owners.
  1. The “universal” obsession with the prospects of imperialism, fiercely defending and beautifying imperialism—this is a hallmark of the contemporary era. The ideology of imperialism also infiltrates the working class.
  1. No matter how you interpret Kautsky’s assertions, there is nothing but reactionary tendencies and bourgeois reformism.
  1. The “allied” or “super” imperialist alliances, regardless of their form—whether one imperialist alliance opposes another or all imperialist powers form a grand alliance—are inevitably only “ceasefires” between two wars. Peace alliances prepare for war, and both grow from war. They mutually restrict each other, based on the world economy and politics of imperialist relations, alternating between peaceful and non-peaceful forms.

(2) Reflections on this chapter

The development of monopoly to today’s extent means that financial oligarchs “participate” in various enterprises, resulting in a “vast and dense network of relationships and connections, controlling not only many small and medium capitalists but also the smallest ones”.
From this, we can conclude that the entire bourgeoisie society during the consolidation of monopoly interests is basically unified, whether through collusion or so-called manipulation. As a result, the dominant ideology in society centers around the monopoly bourgeoisie, because their interests are aligned, whether they want it or not. This leads to some petty bourgeoisie and small capitalists “fervently” defending and beautifying imperialism, constantly manufacturing social opinion and buying off divisions, causing imperialist ideology to infiltrate the working class, all in the name of “great rejuvenation of the Chinese nation.”

(Partly excerpted from “Proletarian Revolution and Traitor Kautsky”)
Karl Kautsky’s political incompetence:

Kautsky first states:

“The opposition between two socialist factions (Bolsheviks and non-Bolsheviks)” is “the opposition between two fundamentally different methods, namely democratic and dictatorial methods.”

In fact, regarding democracy alone, the bourgeoisie vehemently denies democracy after seizing power. I wonder if Kautsky recalled the “Special Law” period, when the development of German political economy made the conflicts of Junker aristocrats and bourgeoisie temporarily secondary, while conflicts between Junkers, bourgeoisie, and proletariat rose to prominence. The weak compromise of the German bourgeoisie led to collusion with Junker aristocrats, ultimately forming a unity of interests. The burgeoning proletarian movement also forced them to unite. After German national unification, the Junker bourgeoisie eagerly wanted to suppress the burgeoning workers’ movement, issuing the “Law for the Suppression of Socialists,” but after relentless struggle by proletarian leaders Engels, Bebel, and the masses, Bismarck was ousted, and the law was repealed. The history of France is similar: the bourgeoisie colluded with landowners to betray the revolution, culminating in the victory of the Jacobins (Jacobin faction), but the fruits of the French Revolution were ultimately ended by Napoleon’s coup. The successive revolutions of 1848 and the Paris Commune (Third French Republic) further illustrate this issue. The bourgeoisie, as enemies of democracy, will not grant broad democratic rights. Only through revolution and revolutionary dictatorship can democracy be achieved. Yet, Kautsky states:

“Dictatorship means the elimination of democracy.”

In fact, we do not even know what he means by democracy. This vague notion of democracy, divorced from class, appears very abstract. On one hand, he does not understand democracy; on the other, he opposes dictatorship. This leads to his statement:

“Democratic methods and dictatorial methods” are fundamentally opposed."

Lenin also pointed out:

“This is a shocking theoretical confusion, a complete betrayal of Marxism. It must be said that Kautsky far surpasses Bernstein.”

Kautsky repeatedly claims that dictatorship means loss of democracy, and that dictatorship means dictatorship, and that the only way to achieve social revolution is through democratic means (general democracy). This reveals the astonishing low level of Kautsky’s theory.

He further states:

“Kautsky can only use such boring words to confuse and obscure the issue, because he raises questions from a liberal perspective, discussing only general democracy, avoiding the specific class concept. He desperately talks about “democracy before socialism” (from Lenin).”

Lenin sharply pointed out Kautsky’s problem: he avoids the role of class, calling “pure democracy” a lie used by liberals to deceive workers (from Lenin). Regarding the “proletarian dictatorship” that Kautsky claims to be “learned,” he must know what it truly means. Someone who can recite Marx’s works backward and forward even does not know what Marx said:

“Between capitalist society and communist society, there is a revolutionary transition period. Corresponding to this is a political transition period, during which the state can only be the dictatorship of the proletariat” (from Marx).

He also said:

“This socialism is the declaration of continuous revolution, the dictatorship of the proletariat, a necessary transitional stage to eliminate all class differences, produce relations that eliminate these differences, and change all ideas arising from these relations” (from Marx).

And:

“By transferring all means of labor to the producers, eliminating existing oppressive conditions, compelling every physically capable person to work for their own survival, we will eliminate the basis of class rule and class oppression” (from Marx).

And so on.
Marx repeatedly emphasized the importance of the dictatorship of the proletariat, but the “learned” Kautsky denounces:

“…but, in its original sense, this term naturally also means the dictatorship of one person without any legal constraints…” (from Kautsky)

It is so learned! So bourgeois! Lenin refuted this:

“The dictatorship of the proletariat is a government seized and maintained by the proletariat through violence against the bourgeoisie, and it is a government not bound by any law” (from Lenin).

Then Kautsky openly played clown, i.e., he equivocated, claiming that the “dictatorship” he refers to actually means despotism, and then he began to say, “Marx’s concept of class dictatorship is not its original meaning,” which is hilarious. He staged a clown act, but this is not without roots—because “confusion of thought leads to confusion of theory.”

Later, Kautsky said:

“Dictatorship does not mean revolutionary violence, but means peacefully obtaining a majority under bourgeois—note this adjective—“democratic” conditions.”

How can one “peacefully” obtain a “majority”? Is it by the bloody methods of the Paris Commune? Or through the death of tens of millions? Kautsky’s theory is so vulgar that it becomes anti-Marxist. He is not only ignorant of theory but also very ridiculous. In fact, Engels discussed that “the state is nothing but a machine for the oppression of one class by another, which is no less true under a democratic republic than under a monarchy.” The civilized Third French Republic continued to carry out long-term counter-revolutionary terror after suppressing the revolution, almost exterminating the entire Paris city. The civilized American republic ordered tanks to run over unemployed workers during the economic depression. The civilized British expelled indigenous peoples with bloody policies… so such universal suffrage can only be

“a measure of the maturity of the working class. In existing states, universal suffrage cannot and will never provide more” (from Engels).

Kautsky then said that management forms and state forms are also different, and he said:

“…Marx believed that Britain and America could carry out reforms peacefully, using democratic methods, which proves that he was not referring to management forms…”

From this point, he began to distort Marxism by talking nonsense about management forms and state forms. Engels had already warned the German Social Democratic Party not to trust parliamentary overthrow of capitalism, emphasizing that revolutionary methods are necessary. The bourgeois parliament might bring some benefits—“eight-hour workday,” “wage increases,” “strengthening women’s rights,” etc.—but cannot change ownership; it is only an “anesthetic” that relieves pain but does not eliminate the root problem. The revolutionary method is to cut through the rotten flesh with a sharp knife. Marx repeatedly discussed the importance of revolution and dictatorship, but Kautsky emphasized “peaceful” means to seize power. Lenin continued:

“Dictatorship is not a ‘management form’; you are talking nonsense. Marx was not talking about ‘management forms,’ but about the form or type of the state.”

Indeed, the only types of state are proletarian dictatorship and bourgeois dictatorship, but the forms of proletarian dictatorship can vary, such as a people’s republic or an alliance, which do not affect the essence of proletarian dictatorship.

“In short, Kautsky distorted the concept of proletarian dictatorship unprecedentedly, turning Marx into a vulgar liberal—meaning, Kautsky has degenerated into a liberal because only liberals would vulgarize the concept of ‘pure democracy,’ gloss over and erase the class content of bourgeois democracy, and fear revolutionary violence of the oppressed classes. Kautsky’s “explanation” of ‘proletarian revolutionary dictatorship’ turns the oppressed classes’ revolutionary violence into nothing, and he has set a world record in distorting Marx’s ideas into liberalism. Compared to traitor Bernstein, traitor Kautsky is a small figure” (from Lenin).

“So, no matter how you interpret Kautsky’s assertions, there is nothing but reactionary tendencies and bourgeois reformism.”

Kautsky is not only vulgar politically but also very vulgar economically. First, he does not understand the antagonism among imperialist monopoly bourgeoisie, foolishly claiming they form alliances to eliminate contradictions and achieve “super-imperialism.” Moreover, he advocates colonialism as a justification for imperialist policies. His “general democracy” theory is essentially reformist, aiming to reconcile labor and capital conflicts (discussed through democratic means) without mentioning the antagonism between labor and capital. He deceives the proletariat into believing in peace and discourages radicalism, using peaceful methods to solve problems. He also falsely claims:

“We (his so-called revolutionary camp) share interests with them,” and in the last world war, he advocated workers surrounding their homeland instead of overthrowing the existing regime, exposing his social-imperialist traitor policies.

This so-called “theorist” has transformed into a counter-revolutionary, not without roots. Capitalism, when it develops into imperialism, begins to cultivate large numbers of strikebreakers, bourgeois opportunists, and opportunists, long detached from the masses, who are bought off because their comfortable lives make them see revolution as unnecessary, regardless of economic crises, absolute impoverishment, or fierce class struggles. They have taken on the role of bourgeois priests and defenders, thoroughly turning against the revolution and revealing themselves as traitors.

(3) Questions

Regarding Lenin’s statement in “Proletarian Revolution and Traitor Kautsky” that “as democracy develops, the manipulation of the bourgeois parliament by bankers and financiers becomes more intense,” how should I think about this? I do not know whether the degree of bourgeois democracy is proportional to the reactionary degree, nor how it specifically manifests.

Imperialism, Chapter 10 “The Historical Position of Imperialism”

(1) Sharing meaningful content

First, monopoly arises from the growth of highly concentrated production.

Second, monopoly intensifies plundering of the most important raw material sources, especially in the main industrial sectors of capitalism, such as coal and steel, which are highly cartelized.

Third, monopoly grows from banking. Banks have transformed from ordinary intermediary enterprises into monopolists of financial capital.

Fourth, monopoly develops from colonial policies. Beyond the “old” motives of colonialism, financial capital has added motives such as competing for raw materials, capital export, “sphere of influence” (favorable trade, rent-seeking, monopoly profits), and general economic territories.

(2) Reflections on this chapter

The content has already been mentioned earlier, so I will not elaborate further.

(3) Questions

No questions for this chapter.

This concludes the “Imperialism” series.

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I suggest everyone take a look at Lenin’s “Trotsky, the Traitor of the Proletarian Revolution,” which discusses democracy very comprehensively. I even feel that my understanding is redundant, as it is all mentioned here.

Today I read Volume 2 of the Selected Works of Lenin, including “On the Booklet of Junious,” which was written in a historical context of criticizing the “Junious” leftist and metaphysical ideas.

Here is a share of meaningful content:

1: The biggest flaw of the entire Marxist faction of the German revolution is the lack of a united secret organization to implement its own line and educate the masses according to new tasks: such an organization must take a clear stance against opportunism or Kautskyism.

2: The fundamental principle of Marxist dialectics is that all boundaries in nature and society are conditional and mutable; no phenomenon can under certain conditions transform into its opposite.

3: In the era of imperialism, the national wars of colonies and semi-colonies are not only possible but also inevitable.

4: The national wars against imperialist powers are not only possible and conceivable but also inevitable, progressive, and revolutionary. Although victory may require the collective effort of the oppressed populations (for example, India and China have hundreds of millions of people) or particularly favorable international conditions (such as the weakening of imperialist powers, their wars, confrontations, etc., making interference impossible), or the simultaneous uprising of the proletariat in a major power against the bourgeoisie (the latter being the most important from the perspective of proletarian victory and its favorability).

5: During wartime, socialism is impossible without opposing the most reactionary, evil, and disastrous bourgeois civil wars that cause unimaginable suffering to the people.

Here is my personal understanding:

First, in the era of imperialism, due to the continuous expansion of the capitalist organic composition and widespread impoverishment of the people, a large accumulation of commodities has led imperialism to urgently need a dumping market to complete the turnover of its goods.

Furthermore, imperialists constantly pursue monopoly for their own benefit, leading them to continuously encroach on raw materials to obtain monopoly profits and dominate production. Additionally, driven by profit motives, they invest extensively in colonies, etc.

These actions of imperialism mean that the people in colonies fall into extreme poverty. Due to the gap in social necessary labor time, imported goods are very expensive, and because colonial laborers receive very little for their labor and reproduction costs, they have to buy imperialist-produced goods for reproduction, worsening living conditions. Moreover, in colonies, the national bourgeoisie faces production suppression, and merchants pay high taxes, leaving the vast majority of the masses in dire poverty.

Imperialists not only control colonies economically but also politically. comprador governments are agents of imperialism; they are ruling classes bought by imperialism and are eager to defend imperialist interests, often resorting to brutal repression. As a result, contradictions between imperialism and colonial peoples intensify, making national liberation struggles possible. Although these struggles are somewhat manipulated by competing imperialist powers, they still hold potential.

“The struggle for national freedom and against a powerful imperialist country can, in certain circumstances, be exploited by another ‘great’ power to achieve its own imperialist goals. This situation rarely prevents social democracy from recognizing the right to self-determination, just as bourgeoisie have repeatedly used republican slogans to deceive politically and plunder financially (such as in Romance-speaking countries), and it does not prevent social democrats from adhering to their republicanism. “Socialist Revolution and the Right to Self-Determination””

Since the national liberation struggle involves the entire colonial population fighting against imperialism, various contradictions will surface. First is the limitation of the national bourgeoisie; although they participate in the revolution, they are still entangled with imperialism and rely heavily on comprador governments, making their revolutionary efforts often incomplete. The petty bourgeoisie in colonies remains wavering, though somewhat better than the national bourgeoisie. Some petty bourgeoisie right-wingers may also participate in the liberation war, but their involvement is driven by personal interests, and they may betray the revolution to imperialism for gains. Therefore, apart from poor peasants, impoverished merchants, students, and other petty bourgeoisie, most tend to betray, having entered the revolution with opportunistic motives. In the national liberation movement, peasants and the proletariat are the main revolutionary forces, long oppressed by the three mountains, and are highly inclined toward revolution.

These two revolutionary positions also manifest in the national liberation struggle. The surrenderists tend to compromise with imperialism and comprador governments, while revolutionaries aim to overthrow the three mountains. Despite the presence of surrenderists, the persistent struggle is led by the proletariat. This has significant progressive value because the impoverished people are the main force, most inclined to revolution, and despise imperialism and comprador exploitation and oppression. Therefore, in revolutions in the Third World, only revolutionary parties representing the interests of the proletariat and the broad peasantry can thoroughly achieve national liberation.

The national liberation war is not isolated; the interests of colonial peoples and imperialist peoples are completely unified. They are subjected to various forms of exploitation and oppression, rooted in the imperialist ruling class, forming a united front for revolution. This also shows that revolutions are often interconnected and tend toward unity; revolutionary movements under imperialism promote the vigorous development of colonial independence movements, and colonial wars of liberation will gradually lead to the collapse of imperialism.

The development of the German Marxist movement makes us very clear about the consequences of not thoroughly breaking with opportunism. Due to the organizational chaos among the German left, it was difficult to consolidate revolutionary forces. The only revolutionary movement developed after the war, which was not the fault of Karl or Luxemburg, but mainly due to the betrayal of opportunist traitors among the right and center of the Social Democratic Party. As a result, the German communist movement gradually declined. However, their efforts prevented the complete destruction of the German revolution, and new forces rose again.

The conditions for revolution are:

(1) The ruling class can no longer maintain its rule unchanged; crises of the ‘upper’ classes, whether political or otherwise, create a breakthrough for the oppressed classes’ dissatisfaction and anger. For revolution to occur, it is usually not enough that the “lower classes” are unwilling to live as before; the “upper classes” must also be unable to continue as before.

(Origin: The bourgeoisie becomes very reactionary during crises)

(2) The poverty and suffering of the oppressed classes intensify extraordinarily.

(Revolutionary motivation: Based on the actions of the bourgeoisie, the rapid deterioration of proletarian living conditions prompts the proletariat to start revolutionary movements)

(3) Due to the above reasons, the enthusiasm of the masses greatly increases. During “peace” periods, they endure exploitation silently, but in times of storm, whether due to the overall crisis environment or the “upper” classes themselves, they are driven to engage in revolutionary actions.

(Thus, revolutionary wars to overthrow imperialism break out, but this alone is not enough; the theory of “greatly increasing the enthusiasm of the masses,” the revolutionary masses, must quickly elevate their understanding of revolutionary methods and necessity to generate the power to overthrow capitalism.)

Undoubtedly today

Summarized on 2.27.

I tried, but I can’t add pictures under the current title.

I have added illustrations for you

Oh, okay, thank you

Today I read selections from Lenin’s Works, including “Summary of the Dispute on Autonomy,” “The Military Program of the Proletarian Revolution,” and “Marxism or Proudhonism?”

First, a meaningful content sharing:

  1. The faster the (capitalist) militarization proceeds, the sooner the armed uprising to overthrow capitalism will come.

  2. Autonomy is a reform; it is fundamentally different from the separation freedom as a revolutionary measure.

Reforms often serve as a step towards revolution. Only autonomy can ultimately form a nation of peoples forcibly kept within a country’s borders. Recognizing and organizing one’s own strength, choosing the right moment, so as to declare in the “Norwegian” way: “We are the autonomous council of a certain nation or border region, declare that the Russian Emperor is no longer the king of Poland,” etc.

  1. Only after it implements free separation does it practically demonstrate and prove that it enjoys equal rights (here I add that it is precisely this free separation that lays the foundation for closer and more democratic approaches based on the principle of equality).

When Norway was only autonomous, Swedish nobles enjoyed additional privileges, which were not “weakened” (the essence of reformism is to weaken, not eliminate, harm), only separation can completely eliminate them (this is a basic mark of revolutionary change in the program).

  1. In oppressed countries, the focus of workers’ internationalist education must be to promote and insist that oppressed nations have the freedom to separate. Without this, there is no internationalism. If any social democrat of an oppressing nation does not promote this, then we can and should despise him, regard him as an imperialist; as a villain.

  2. To be a social democrat internationalist, one should not only consider their own nation but also place the interests of all nations, and the universal freedom and equality of all nations above their own.

  3. Conversely, social democrats of small nations should focus their agitation on the last two words of our general formula: “voluntary union” of nations. They can support their own political independence and also support their nation joining a neighboring country, without violating their duties as internationalists.

  4. In any case, oppose narrow-minded views of small nations closing off and acting independently, and advocate for the overall and collective, where part interests subordinate to the whole.

Next is the analysis of the above chapters:

“The faster the (capitalist) militarization proceeds, the sooner the armed uprising to overthrow capitalism will come.”

After capitalism entered the imperialist stage, due to the needs of invasion and expansion, it gradually transformed the productive economy into a military-oriented economic system, known as national economy militarization. The monopolist bourgeoisie continually invests vast amounts of manpower and material resources into military sectors to maintain monopoly positions and uphold world hegemony. Moreover, military preparedness is not only for invasion but also for profit motives.
Post-World War II, U.S. imperialism’s military spending soared to intensify aggression against socialist regimes, cultivating large military monopoly capital. These military monopolies rely mainly on state subsidies, meaning that as imperialism expands military-industrial sectors, the working people bear the burden of higher taxes and public debt. Additionally, imperialist countries can exploit labor by dumping old weapons and military orders, earning monopoly profits, which may come from other imperialist countries or colonies. Imperialism also uses aid pretenses to make other countries dependent, weakening their defenses and making them vulnerable to invasion or intervention.

In modern times, U.S. imperialism still maintains high military expenditures for expansion, and Chinese imperialism has also sustained rapid military growth since reform and opening up, with military spending now ranking second in the world and still increasing.

Image_1163002524317233

Chinese imperialist conscription propaganda

The reasons behind China’s aggressive militarization include:
First, because China is a latecomer imperialist country with fewer colonies than U.S. imperialism, its vast manufacturing cannot be sufficiently dumped to turn over goods. To quickly narrow the monopoly gap, it must channel large-scale national production into the military, using war as a means to gain markets.

Second, because the Chinese ruling class seeks to compensate for recent economic downturns. Currently, the real estate credit is declining, risking a collapse of the real estate economy, forcing the ruling class to seek other ways to prolong their rule. They plan to launch imperialist wars to tie the national economy to the war machine.
The goals are twofold: first, to intensify plunder of the working people; second, to find a substitute for the real estate economy. This involves plundering other imperialist countries’ technology and colonies. Recently, they have promoted “liberating” Taiwan and other slogans, mainly to seize TSMC’s industry in Taiwan.

National economic militarization means the state will be tied to war, which is also the eve of proletarian revolution. The distorted production caused by militarization compels the path towards war (since there is no other way), leading to most production being wasted on military manufacturing to achieve imperialist victory. This includes training soldiers, updating military technology, etc. As militarization advances, the overall military quality of the population improves, and many learn to use weapons during war. When social contradictions intensify, the children of the working class turn their guns against the bourgeoisie, leading to domestic war.
The contradictions of capitalist commodity production become more profound, causing frequent economic crises. To curb crises, they tend toward militarization because the lies of capitalism—freedom, equality, fraternity, autonomy—become unsustainable. Social conflicts intensify, raising revolutionary sentiments among the working people, forcing bloody suppression, which relies on military force. Militarization also cultivates a large number of dictatorial forces. Moreover, to break the status quo, they resort to war, transferring crises through colonies and territories.

From this, we see that:
Due to the monopolization in capitalism’s imperialist stage, competition intensifies. Some monopolies prefer war over traditional competition to defeat rivals, compounded by escalating domestic class conflicts and inherent contradictions like economic crises. These crises push the ruling class to seek a battlefield—war—to divert attention.
The imperialist powers, with their colonies, shift crises onto colonies. The new imperialist reliance on cheap labor and goods dumping is failing, and economic crises worsen, forcing wars to seize colonies.
Thus, the process is:
Capitalism’s imperialist monopolization leads to intensified competition, prompting monopolies to prefer war. Domestic class conflicts worsen, leading the bourgeoisie to initiate imperialist wars. Since humans are the main factor in war, and workers are the backbone of modern armies, they learn to use weapons in war. As class conflicts develop, workers turn their weapons against the bourgeoisie, sparking domestic revolutionary wars. War creates revolution, and revolution stops war.

  1. Autonomy is a reform; it is fundamentally different from the separation freedom as a revolutionary measure.

Reforms often serve as steps toward revolution. Only autonomy can ultimately form a nation of peoples forcibly kept within borders. Recognizing and organizing their strength, choosing the right moment, such as Norway declaring: “We are the autonomous council of a certain nation or border region, declaring that the Russian Emperor is no longer the king of Poland,” etc.
People generally oppose such practices, considering these issues.

Historically, feudal landlords expanded through land annexation to gain feudal benefits, leading bourgeois states to absorb many subject nations. The feudal landlords exploited and oppressed subject nations through cultural and economic differences, causing intense national resistance. After the bourgeois revolution, they maintained the old economic base of feudal rule, continuing to exploit weaker nations, leading to ongoing national revolts. The bourgeoisie then used “national autonomy” slogans to appease weaker nations.
After capitalism replaced feudalism, the system of exploitation persisted. Under the so-called “autonomy,” the bourgeoisie of the dominant nation still held economic dominance, exploiting weaker nations. “National autonomy” is thus accepted within the bourgeoisie’s scope. This is why bourgeoisie implemented “national autonomy”—because the national “disorders” still exist, as political freedom (not total freedom, like the “freedom” of wage labor) does not eliminate economic exploitation.

However, this political freedom is better than none, like suffrage, which only educates workers. National autonomy and separation freedom are similar; although separation freedom allows weaker democracies to escape larger democracies, due to economic colonialism, this separation is often incomplete. It’s somewhat better than direct rule because it avoids direct plunder. Moreover, since this act is driven by revolutionary masses, it raises their democratic consciousness. Lenin said, “Only after it implements free separation does it practically demonstrate and prove that it enjoys equal rights” (adding that this free separation lays the foundation for closer and more democratic approaches based on equality). But in capitalism, separation freedom does not eliminate exploitation; it only educates the masses, helping them see how the ruling class uses freedom, equality, and fraternity to establish bourgeois dictatorship and sometimes outright tyranny, exploiting the “democratic” and “autonomous” pretenses to continue oppressing weaker nations.

Examples:

  1. Although the bourgeois constitution mentions “freedom,” “equality,” and “fraternity,” it only grants exploited workers the “freedom” to be exploited, with all workers being equal in exploitation. They must love the bourgeois principles and state.
  2. Suffrage, as part of the superstructure of capitalism, only maintains capitalism. For the working masses, they have no real choice but to vote for one bourgeois party or another, which cannot change the essence. Revolutionary parties have long been pushed out of parliament; even if they participate under pressure, they only serve to propagate revolutionary ideas, unable to fundamentally change the power held by the bourgeoisie. The dictatorial power remains in bourgeois hands… The shamelessness of the bourgeoisie has no limit…
  3. The bourgeoisie claims “56 nations as one” to promote “national autonomy,” giving oppressed nations a “freedom” to escape monopoly capitalism. The ruling class claims to give “democracy” and “freedom,” but for the oppressed, it’s only a “freedom” to be exploited, not to escape exploitation.
  4. The bourgeoisie claims a “free” world, but most countries are firmly controlled by a few imperialist nations, turning them into new colonies.
    Any revolution is driven by the masses, including suffrage and “autonomy.” Early bourgeois laws did not include these; they were gradually implemented through mass revolutionary push. However, since the bourgeoisie remains the ruling class, it limits revolutionary demands to acceptable bounds, not allowing further progress. Even when capitalism becomes fully reactionary, it begins to abandon its “revolutionary” principles, using dictatorship to suppress election results and national liberation movements.
    In the era of full bourgeois reaction, “freedom” and “democracy” temporarily become powerful weapons against the bourgeoisie because they do not fully implement these principles, limiting revolutions within acceptable bounds. They often incite national liberation wars of weaker nations, showing that free separation cannot be granted by the bourgeoisie but must be fought for by revolutionary masses. During liberation struggles, support should be given. Although bourgeois national liberation movements involve various classes, fundamentally they are revolutionary movements of the working people against imperialism. Their profits are mainly for the working people (though these can be quickly taken away due to the dual nature of the bourgeoisie), but in essence, they gain formal equality, which is better than direct military rule by larger nations. Lenin said, “In oppressed countries, the focus of workers’ internationalist education must be to promote and insist that oppressed nations have the freedom to separate. Without this, there is no internationalism. If any social democrat of an oppressing nation does not promote this, then we can and should despise him, regard him as an imperialist; as a villain.” Supporting the national liberation of oppressed nations is essential; otherwise, they are effectively allied with imperialists as sad slaves. As oppressed peoples in the Third World, we should support all revolutionary movements against imperialism. The bourgeoisie’s “national autonomy” is a cover for exploiting oppressed nations, claiming to give “democracy” and “freedom,” but for the oppressed, it’s only a “freedom” to be exploited, not to escape exploitation.

In colonial liberation movements, not every country has a strong, united proletarian party. When masses are helpless, they tend to spontaneously adopt bourgeois revolutionary policies to oppose capitalism. But “suffrage” and “autonomy” are still bourgeois principles, allowing them to be used to mollify revolutionary movements and preserve exploitation. Ultimately, the revolution is “reformed” and led by bourgeoisie, often ending in failure (like Kemal Turkey, Sun Yat-sen’s China, etc.).

Despite many twists and turns, history moves forward. Long-term education has made the masses realize the absurdity and hypocrisy of bourgeois freedom, equality, fraternity, and autonomy, recognizing the tricks of the bourgeoisie. Lenin stated that “reforms often serve as a step toward revolution,” and the result of such (capitalist) reforms is that the masses recognize the true face of the bourgeoisie.
But merely understanding bourgeois principles is not enough; the bourgeois state machinery still plays a role. To oppose it in public opinion, long-term propaganda of proletarian national liberation and revolution is necessary, exposing that bourgeois “freedom” and “equality” are doomed, and that to truly realize equality, the bourgeoisie must be overthrown, enabling the masses to recognize their own role and oppose the capitalist spontaneous tide, ultimately achieving complete liberation.

These days, my ideological state has declined, mainly because I failed several job interviews, leading to some despair. I have been lying in a hotel, neglecting reading for nearly two days, immersed in gaming (wasting nearly three hours daily), wandering malls, watching obscene content, and numbing myself, which causes procrastination and laziness. I haven’t written or read, nor completed my daily writing tasks. If I can’t find a job, I might as well go directly to work in a factory.

As of 3.1.

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3/4
Re-reading The Military Program of the Proletarian Revolution today, I accidentally went through Lenin’s The Military Program of the Proletarian Revolution again and found that many contents were too hurriedly organized, resulting in little content being sorted out and little analysis being made. So today I read it again to analyze it.

First part — Sharing meaningful content.

(1) If socialists are still socialists, they cannot oppose all wars.

(2) Denying the possibility of national wars occurring in the era of imperialism is theoretically incorrect, obviously wrong historically, and practically no different from European chauvinism:

(3) Civil war is also war. Whoever admits to class struggle cannot deny civil war.

— Because civil war is a natural continuation, development, and intensification of class struggle in any class society, and under certain circumstances, it is its inevitable continuation, development, and intensification. All great revolutions have confirmed this. Denying or forgetting civil war is to fall into extreme opportunism and betray the socialist revolution.

(4) In a country, socialism that has achieved victory cannot immediately eliminate all wars. On the contrary, it anticipates war.

— Because the development of capitalism is extremely unbalanced across countries. Moreover, under commodity production conditions, it can only be so. From this, a definitive conclusion can be drawn: socialism cannot achieve victory in all countries simultaneously. It will first win in one or several countries, while the rest will still be bourgeois or pre-bourgeois countries for a period. This will not only cause friction but also provoke other bourgeoisie countries to openly attempt to crush the victorious proletariat in socialist countries. Wars that occur under these circumstances are, from our side, justified and righteous wars. These are wars to fight for socialism, to free other peoples from bourgeois oppression.
Engels directly believed in 1882 that socialist victory already had the possibility of conducting “self-defense wars” in a letter to Kautsky, and he was entirely correct. He was referring to the victorious proletariat defending itself against the bourgeoisie of other countries. Only after overthrowing, ultimately defeating, and seizing the entire world’s bourgeoisie, could wars be impossible. If we avoid or conceal the most important thing — the work of suppressing bourgeois resistance — during the transition to socialism, then from a scientific point of view, it is completely incorrect and non-revolutionary. “Social” priests and opportunists always fantasize about future peaceful socialism, but unlike revolutionary social democrats, they are unwilling to think about or consider the brutal class struggle and class war necessary to realize this beautiful future.

(5) If oppressed classes do not strive to learn to wield weapons and acquire weapons, they only deserve to be slaves.

(6) Our slogan should be: Armed proletariat to defeat and disarm the bourgeoisie, and to liberate this class. This is the only feasible strategy of the revolutionary class, arising from and determined by the entire objective development of capitalist militarism. Only after the proletariat disarms the bourgeoisie can it destroy all weapons without betraying its historical mission. The proletariat will undoubtedly do this, but only at that time, and never before.

(7) Now, militarization has penetrated into all social life.

(8) We cannot solely rely on the program to fight opportunism; we should implement continuous supervision to truly realize the program.

Second part — Analysis of the above content

As long as the exploitative system exists, the class war of the oppressed classes against the exploiting classes still exists. Promoting “three harmonies and two completions” (三和两全) is undoubtedly a vague class struggle, vague about the attitude of the oppressed classes towards the exploiting classes, which weakens their revolutionary consciousness. To become the master of this society, the oppressed classes must overthrow the capitalist regime with fierce revolutionary means. Compared to petty bourgeoisie who always preach “war is an unforgivable sin,” it initially stems from the laboring people’s denunciation and hatred of bourgeois wars. As a result, the oppressed classes use this to try to tame the resistance movement of laborers. In fact, the bourgeoisie cannot live without war and plunder, although they keep emphasizing the so-called “social peace.” Therefore, the bourgeoisie’s “social peace” is only meant to keep the vast working people “peaceful” and not to do “out-of-line” things, while the ruling class itself maintains an aggressive posture (whether internally or externally).

The rest… has been discussed in the previous chapter.

“Splits in the Imperialist and Socialist Movements”

First part — Sharing meaningful content.

  1. Imperialism is a special stage of capitalism. This special nature is in three aspects:
    (1) Imperialism is monopoly capitalism;
    (2) Imperialism is parasitic or decadent capitalism;
    (3) Imperialism is dying capitalism.

Monopoly replaces free competition, which is the fundamental economic feature of imperialism and its essence.
Monopoly has five main manifestations:
(1) Formation of cartels, syndicates, and trusts; (which) makes the concentration of production reach the stage of forming monopolist alliances among capitalists;
(2) Big banks occupy a monopolistic position, with three or five large banks controlling the entire economic life of the US, France, and Germany;
(3) Raw material sources are occupied by trusts and financial oligarchs (financial capital is merged with banking capital into monopolist industrial capital);
(4) International cartels begin to carve up the world (economically dividing the world).

The number of these international cartels has exceeded one hundred, and they occupy the entire world market and “peacefully” divide it (before wars re-divide it). Capital export, a special phenomenon, differs from the commodity export during non-monopoly capitalism; it is closely related to the economic, political, and territorial division of the world:
(5) The territorial division of the world (colonial partition) has been completed.

  1. The differences between the imperialist bourgeoisie of the republican democratic faction and the imperialist bourgeoisie of the monarchist reaction are increasingly disappearing because both are rotting alive.
  1. Imperialism is parasitic or decadent capitalism,

First, this is manifested in the tendency of decay, a phenomenon characteristic of all monopolies under private ownership of the means of production.
— The difference between the imperialist bourgeoisie of the republican democratic faction and the imperialist bourgeoisie of the monarchist reaction is increasingly disappearing because both are rotting alive (this does not exclude the rapid development of capitalism in certain industrial sectors, in certain countries, or during certain periods).

Second, decadence of capitalism is manifested in the formation of a large parasitic class of capitalists who live solely on “interest coupons.”
— The four advanced imperialist countries of Britain, America, France, and Germany each possess between 100 billion and 150 billion francs of securities capital, meaning each country’s annual income is no less than 50 billion to 80 billion francs.

Third, capital export is a doubled parasitic manifestation.

Fourth, “Financial capital pursues domination, not freedom.”
— “Political gold-reaction is a characteristic of imperialism.”

Fifth, the exploitation of oppressed nations, especially the “big” countries’ exploitation of colonies, makes the “civilized” world increasingly become a parasite on the hundreds of millions of uncivilized nations.

The privileged classes among the proletariat of imperialist countries also partly rely on the millions of uncivilized nations to survive.

  1. The characteristics of imperialism lie precisely not in the rule of industrial capital, but in the rule of financial capital, which aims not only at annexing agricultural countries but also at annexing all countries.
  1. Opportunists are objectively part of the petty bourgeoisie and some strata of the working class. They are bought by imperialist excess profits and become watchdogs of capitalism and corrupters of the workers’ movement.
  1. Monopoly position can provide excess profits exceeding the normal global capitalist profits. Capitalists can take some of this excess profit (even a significant part) to buy off workers in their own country and establish some alliances, i.e., alliances of domestic workers and capitalists against other countries.
  1. If we still want to remain socialists, we should go to the lower and lowest strata, to the genuine masses.
  1. The institutions of political democracy also operate in this direction. In our era, elections are indispensable; without the masses, it is impossible. To tempt the masses in an era with highly developed printing and parliamentary systems, a broad, consistent, and meticulous strategy must be employed to flatter, spread rumors, deceive, intimidate, play with fashionable words, and promise workers various reforms and benefits, as long as they give up revolutionary struggles to overthrow the bourgeoisie.
  1. Today, the “bourgeois workers’ party” has become an inevitable and typical phenomenon in all imperialist countries. However, because all imperialist countries are involved in a frantic struggle for dividing spoils, this party may not last long in many countries. Although trusts, financial oligarchs, and rising prices provide opportunities to buy a few upper-layer individuals, the blows, oppression, and torment against the proletariat and semi-proletariat are becoming more severe.
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Understanding Monopoly:

Imperialism is monopoly, and the foundation of monopoly imperialism is also monopoly. Monopoly is created by commodity society. In previous societies, due to the imbalance among producers, a small number of commodity producers/owners of production means gained certain advantages. Under these conditions, these producers would use their advantages to suppress other producers. Such land-based monopolies also include craft monopolies, etc. … However, this kind of “monopoly” is not like the systematic and comprehensive monopoly of imperialism; they are limited to certain regions, countries, land, crafts, or usury monopolies.

The bourgeois revolution was carried out through violence to break the feudal land constraints of large landowners, in other words, using revolutionary means to break the monopoly of this class. At that time, the feudal landowners’ monopoly was merely a means of dictatorship against the bourgeoisie. Later, the bourgeoisie seized power and changed the relations of production. But the trend of monopoly did not decrease; instead, it increased. With the development of free competition capitalism, some enterprises gradually gained monopoly status through aggregation and concentration, eventually reaching national monopolies and global monopolies, known as imperialism.
The development of monopoly to this extent today means that monopoly has become a highly systematic and planned measure. The bourgeoisie can fully estimate the raw materials, markets, and labor in each region to make investments, which was never possible under feudal systems.

As for the proletariat, it has always been subjected to production suppression, preventing it from obtaining means of production to produce. Additionally, for some relatively weak bourgeoisie, there is infiltration and suppression. This shows that the bourgeoisie’s monopoly not only targets hostile classes but also monopolizes its own class. However, due to the sufficiently strong infiltration and because the entire bourgeoisie are exploiters, they form a united front of class interests and a united front… At this point, it can be said that this has risen to a monopoly of one class over another.

After the proletariat seizes power, it uses the old state machinery to ensure that its imperialist industrial capital is controlled by the broad masses of workers. This situation is reversed, and the bourgeoisie is economically dictatorship, in other words, economic monopoly. At this point, monopoly reaches its peak because the planned economy and the transformation to全民所有制 (public ownership) carried out by the proletariat enable the entire country to produce in an orderly, planned manner.

Therefore, monopoly is nothing more than a means of dictatorship of one class over another, at least from a holistic perspective.

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Imperialism:

The so-called imperialism is modern imperialism, modern imperialism is the monopolistic stage of capitalism.
Imperialism is not the same as traditional empires; although they seem similar, fundamentally they are not the same. (This “empire” or “feudal empire” from a phenomenon perspective, their establishment is based on advanced production relations as a substitute or built upon strong military power), whereas modern “" imperialism’s most substantial economic foundation is monopoly”, which is controlled by private owners. Therefore, “imperialism is the monopolistic stage of capitalism.”
This competitive monopoly form has been preserved since the distant era of “free competition,” but during the development of imperialism, the degree of monopoly has rapidly expanded.

(1) The 1960s and 1970s marked the peak of free competition development. Monopoly organizations were still just faint sprouts.
(2) After the 1873 crisis, cartels developed widely, but at that time, cartels were still an exception, not yet stable, a temporary phenomenon.
(3) The late 19th century’s decline and the 1900-1903 crisis saw cartels becoming the basis of all economic life. Capitalism turned into imperialism. — Imperialism theory.

This means that modern imperialism is capitalism pushed to the extreme of monopoly. “Economically, the fundamental phenomenon in this process is that free competition of capitalism is replaced by monopoly.” Imperialism is the highest stage of capitalist development, and it cannot continue to develop further. Because, in the imperialist era, the shackles on productive forces become more apparent, capitalism has completed its historical mission of adapting to the social productive forces, and its production relations can no longer keep up with the development of social productive forces today; the shell of production is about to burst. This shackling mainly manifests in monopoly, specifically in the parasitic, aggressive, and decayed nature of monopoly bourgeoisie. Subsequently, various reactionary features of imperialism act back on itself, leading to the death throes of capitalism.

Monopoly of imperialism:

In the environment of bourgeois free competition, because production is relatively dispersed across regions, organized monopoly has not yet formed. The root of monopoly lies in the inherent contradiction of commodity production. Due to the imbalance in the production conditions of individual producers, there is also an imbalance in expanded reproduction, leading to concentration imbalance, and “when production concentration reaches a certain stage, it will cause monopoly.” According to social development, the accumulation of production is inevitable. However, the development of capitalism has rapidly strengthened this aspect, making a very small number of production sectors monopolize the entire society. So much so that “less than one percent of enterprises own over three-quarters of the power and electricity! While 2.97 million small enterprises (with fewer than 5 employees), accounting for 91% of all enterprises, only hold 7% of power and electricity! The largest thousands of enterprises own everything, while millions of small enterprises own nothing.” Some relatively weak and overgrown capitalist production sectors, faced with increasingly powerful accumulation industries, are forced to form production alliances to resist.

The benefits of such production alliances are:

First, joint enterprises level out various market conditions, ensuring more stable profit margins, unlike “single” enterprises that may go bankrupt due to high raw material prices and low finished product prices.
Second, joint systems eliminate trade barriers, reducing competition.
Third, joint systems enable technological improvements, allowing for greater profits than “single” enterprises. (Monopoly joint organizations only pursue technological improvements on the premise of value realization)
Fourth, joint enterprises strengthen their position compared to “single” enterprises, especially during severe depressions (business stagnation, crises), when raw material prices fall slower than finished product prices, thus enhancing their competitiveness.
Fifth, joint enterprises require large capital investments, making it difficult for new enterprises to emerge, reducing competitors. (Decadent characteristic)
Sixth, even if new enterprises appear, to compete with old ones, they must produce surplus products, which can only be sold profitably when demand increases significantly; otherwise, surplus leads to price drops unfavorable to both old and new enterprises, forming a monopoly alliance.
Seventh, monopoly of joint systems facilitates rational production planning for the sector and subordinate production units, maximizing profits. This organization makes the production of goods highly disciplined. Monopoly promotes the union of many owners, and this union further deepens monopoly. As a result, the “period of rapid entry into monopoly capitalism” begins from the free competition capitalist era.

Subsequently, the development of monopoly capital led to rapid differentiation of the bourgeoisie, with production means increasingly concentrated in a few bourgeois groups. This means they are concentrated in a organized and systematic capital group, which, due to capital accumulation, makes monopoly power in both domestic and international contexts tend to be equal. This forces the bourgeoisie to compete, because according to Marxist political economy’s average profit principle, the more the organic composition of capital tends to equalize among enterprises, the less excess profit they can obtain, leading to the pursuit of domination through various means (including commercial and financial fraud, intimidation, bribery, and division). They strengthen their monopoly technology and power to earn larger excess profits, making competition a systemic, overall process.

Through such competition, capitalism is driven to undertake larger scientific research expenditures, causing weaker monopolies to participate in the dominance of stronger monopolies, turning competition into an international scale, ultimately leading to world wars. The development of the organic composition of capital causes workers to face increasing unemployment and absolute poverty, culminating in economic crises (the stronger the monopoly destruction, the greater the crisis). Meanwhile, the bourgeoisie enjoys the value created by society, living in luxury. Thus, although capitalism increases social wealth, society tends toward absolute poverty.

Therefore, monopoly “financial capital seeks domination, which is caused by the vicious competition of the bourgeoisie in the imperialist era, and it is unavoidable for them. Because, without competition, capital would perish.”
But despite this, all bourgeoisie are fundamentally aligned in their interests; their contradictions are only over profit distribution, and their exploitation to maintain profits is consistent.

Parasite nature of imperialism:

Imperialism is parasitic. Why is imperialism parasitic? Because, according to the general characteristics of capitalism, the possession of capital is separated from its use in production, with monetary capital separated from industrial or productive capital, relying solely on income from monetary capital for the life of usurers, entrepreneurs, and all who directly participate in capital use. Therefore, the essence of the bourgeoisie is to grow wealth through the plunder of surplus value, and their fundamental nature is parasitic. “Capital export is a doubled parasitic manifestation.”

Hence, we can conclude that, at the imperialist stage, exploiters will resort to more decayed parasitic forms to plunder the broad masses of workers even more fiercely, further widening the gap between those who are detached from production and those who produce.
In imperialism, monopolistic oligarchs almost control most of the country’s production. Under such extreme monopoly, they use their concentrated advantages to force weaker entrepreneurs to submit, with the main production undertaken by these weaker entrepreneurs. As a result, monopolistic oligarchs are finally freed from “busy affairs of production” and do not participate in any form of production (even some management is handed over to others), living day-to-day on “interest coupons.”
Due to the inherent contradictions of capitalist commodity production, as accumulation and scale of monopoly expand, bourgeoisie must expand abroad to seek markets and excess profits. This further enhances the parasitic nature of capitalism, with one of the most important economic foundations being capital export. Capital export is a manifestation of doubled parasitism. This capital export mainly targets countries with relatively weak labor productivity, and this form of capitalism is also called — “colonialism.”

(Colonialism, in the context of imperialism, refers to imperialist countries using their absolute strength in labor productivity to dominate the sales and production markets of weaker countries (through dumping, capital export, or military invasion), thereby obtaining large excess profits and turning weak countries into raw material sources, investment sites, and cheap labor markets. Subsequently, imperialist countries also control the economic lifelines of these weak countries to manipulate their politics.)

(According to political economy principles, the higher the organic composition of capital, the higher the average profit. In imperialist countries, modern large-scale production has been completed, and the technological composition of the bourgeoisie’s means of production gradually tends to be uniform. This causes the surplus value obtained by some monopolistic bourgeoisie to be relatively less, forcing them to look abroad for opportunities, and the way to do this is through their strong labor productivity to subjugate other relatively weak countries, occupying their markets.)

After the scale of accumulation and monopoly continues to expand, the parasitic nature of imperialism ultimately extends abroad (i.e., the parasitism of imperialist monopolists on the laboring people of colonized countries). Due to the expansion of capitalist production, imperialism not only seeks to annex agricultural countries but also aims to annex all countries.
It further makes usurers completely detach from production (France was once called a parasite country; Britain was the most commercially developed country in the world, but the income of parasites was four times higher than that of foreign trade. This is the essence of imperialism and its parasitic nature.)
Therefore, throughout the imperialist era, the entire world’s proletariat and oppressed nations are interconnected.

Aggressiveness of imperialism:

Imperialism is aggressive. Marx once said, “The history of capitalism is a history written with blood and fire.” Undoubtedly, the history of imperialism formation is also so. During the phase of free competition, developed capitalist countries continuously waged wars of aggression to enslave other nations and establish vast colonial empires for high profits:

The five main purposes of imperialist colonization are:

(1) To create sales markets (an unconditional sales market better serves the final stage of production, i.e., commodity turnover);
(2) To acquire raw materials (in the process of accumulation and monopoly development, cheap raw materials are indispensable, as they compensate for the need for large-scale raw material production and create the necessary conditions for excess profits. Large quantities of cheap raw materials better serve the bourgeoisie’s production process);
(3) To employ a large number of cheap laborers (in the contradiction between constant and variable capital, the less the bourgeoisie spends on variable capital, the more absolute surplus value increases, and the more profits in production increase);
(4) To have perfect investment sites (due to the weak local capital of colonies, the mother country’s entrepreneurs can leverage their technological advantages to create monopolistic colonial enterprises);
(5) To establish military bases for domination (in mutual struggles among imperialist powers, key military bases are indispensable. Imperialism turns colonies into militarized states detached from production and social needs to serve its expansionist purposes).

During this period, various monopolist bourgeois groups committed unforgivable crimes. They did not care about civilian casualties during wars, engaging in aggressive and violent reactionary acts. They pursue profit-driven policies, as long as they can generate large surplus value. In this era, nothing can prove they are progressive. Moreover, due to the bourgeoisie’s nature of aggression, they have always appeared as new exploiters since their inception.
Additionally, because of their plundering nature, imperialist countries began to gradually implement decadent policies of national economic militarization.

The so-called national economic militarization means increasing the proportion of military departments and military services in the entire national production, with imperialism actively expanding military preparations to the point where national production becomes highly distorted.

According to data, one-fifth of American workers are engaged in military production; half of scientists serve in military research. To ensure their decadent rule at home and in colonies, imperialism arms itself to the teeth, fully demonstrating its extreme decay and aggressiveness. Besides, imperialism can also plunder the masses through militarization policies, as military expenditure is considered a “全民” (national) expense, meaning workers must pay for the bourgeoisie’s expansionist policies through taxes. The bourgeoisie can also profit massively by selling military weapons to other countries or private organizations, reaping super profits. Based on this, imperialism is extremely aggressive both economically and internationally.

Decadence of imperialism:

Imperialism is decadent. In the era of imperialism, the enthusiasm of bourgeois large-scale industrial production has been completely lost.

(In the less than a century of bourgeois class rule, the productivity created (which developed by destroying all old feudal and patriarchal economic foundations—though some are incomplete—making itself a condition for large-scale productivity development, noting that all productivity is created by producers). In the revolution, the bourgeoisie used hypocritical slogans like freedom, equality, and democracy to free the masses from landowners’ land, turning them into nominal “free” individuals. After the revolution, these “free” individuals became wage slaves in capitalist production, fundamentally opening the way for capitalist production.)

Instead, extreme monopolies hinder the development of productive forces.

(When material productive forces develop to a certain stage, they conflict with the existing production relations or property relations (which are just the legal terms of production relations). These relations become shackles to the development of productive forces. — Marx, “Critique of Political Economy: Preface”)

Under modern socialized production, although production has become highly socialized, the socialized means of production are privately owned. Large-scale socialized production must be unified and planned across sectors. Although capitalism has plans,

(The plan of capitalism—Keynesianism—advocates using certain plans to regulate social production. Keynesianism is a plan formulated by the monopolist bourgeoisie for socialized production, centered on their fundamental interests. During Roosevelt’s New Deal period in the US, this policy was gradually implemented. The USSR and Chinese revisionists boasted about the US New Deal, claiming it as a possible realization of socialism, a way to eliminate economic crises, and a peaceful transition. But in fact, the New Deal intensified the monopoly of the US bourgeoisie, causing many small capitalists and the petty bourgeoisie to go bankrupt and wages to drop. It did not eliminate the inherent contradictions of capitalism—economic crises—because widespread overproduction exists in capitalism, and the larger the scale of production, the higher the likelihood of overproduction, which inevitably leads to conflicts and crises. This process also strengthens concentration and monopoly, which is the essence of Keynesianism. During the New Deal, US monopoly capitalism became even more powerful.)

However, these plans only serve individual entrepreneurs or specific interest groups. Lenin pointed out: the formation of monopolies in several industrial sectors worsens the chaos characteristic of capitalist production. The imbalance between agriculture and industry becomes more severe. The highest degree of cartelization in heavy industries, especially coal, steel, and oil, further lack planning.
Under such social development conditions, all producers blindly pursue profits, leading the entire market into a chaotic pursuit of profit. For example, if a certain sector’s production has high utility for the masses but the bourgeoisie is limited by “narrow value views,” they will abandon that plan. If a product can generate higher average profits, they will shift to produce that product.
Furthermore, monopolies tend to keep most core technologies in the hands of oligarchs. During free competition, technological progress depended on constant renewal of fixed capital, making technological development quite noticeable. Without a dominant monopoly suppressing the entire market, entrepreneurs constantly upgrade industries to earn high average profits. During the imperialist period, most production and technology are concentrated in monopolistic oligarchs, transforming society from broad competition to an absolute monopoly of a few enterprises over most others.

It is precisely because of the enormous size of enterprises that competition becomes difficult, leading to monopolistic trends. — Lenin “Imperialism, the Highest Stage of Capitalism”

Due to absolute advantages in production, technological progress—also the driving force of all progress in capitalism—disappears to some extent; since capitalism’s technology must serve bourgeois profit needs, technological progress can be artificially hindered. Lenin also pointed out that monopolies controlling large, rich, or geographically advantageous colonies produce similar results.
Although these situations existed during free competition, they are magnified many times during monopoly, as their control over production becomes more powerful. Such global monopolies severely restrict productive forces, subordinating their development to profit-making, even if harmful to humanity. Therefore, in the imperialist era, the development of productive forces becomes narrow and stagnant, greatly hindered.

Imperialism is dying:

Imperialism is dying. In the era of imperialism, class contradictions within imperialist countries are sharply intensified, to the extent that the weaker oppressed classes—peasants, small shopkeepers, students, and the proletariat—unite to oppose the ruling class and prepare for revolution to overthrow it. Moreover, contradictions within the ruling class itself also begin to surface.

(However, this bourgeoisie has not fully seized power; they do not act as revolutionaries, but because they must do so—although not revolutionaries—they recognize the revolution as a fact. They are forced into this, against their will, watching the revolution progress with anger, blaming the autocratic government for encouraging revolution because it refuses to compromise and fights to the death. Their participation in the revolution is for opportunistic gains, making them cunning and vicious enemies. From the start of the revolutionary movement, they aspire to become new rulers. During the revolution, they are extremely unstable allies (because the ruling class will quickly betray if conditions are offered), and after the revolution, they are outright traitors. Therefore, we should monitor them as “enemy-like” allies." — Lenin, “Two Strategies of Social Democracy in the Revolution”)

The document is incomplete and not fully organized.

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