International Relations Notes

International Relations Notes - International Relations...

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International Relations Class Notes 3/29/2007 Vladimir Lenin’s Theory of Imperialism Lenin lived from 1870-1924 - Led the Bolshevik Revolution in 1917 - Published, “Imperialism, the Highest Stage of Capitalism” in 1916 This is not a recent theory - A Marxist theory - An example of the state level analysis Lenin finds the causes of war in the type of economic system - He thinks that the capitalist system is the fundamental cause of war Capitalism has reached the highest stage of its historical evolution in industrial countries of Europe and North America - This stage of capitalism is defined as “financial capitalism”. In financial capitalism, not “industrial capitals” (i.e. Manufacturing companies) but “financial capitals” (i.e. banks and other financial institutions) control the economy. Furthermore, financial capitals virtually control the governments of industrial countries by utilizing their economic power. - thus, the governments of industrial countries take policy to serve financial capitals’ interests - concretely, financial capitals are interested in good investment opportunities
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International Relations Notes - International Relations...

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