this post was submitted on 17 Sep 2024
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23 pages? What are you referring to? Either way, what Marx analyzed is still relevant, even in his day overproduction led to crisis. Lenin took his analysis further once Monopoly Capitalism became the standard, but the same principles apply.
Marx manifest is 23 pages long. And i wouldn't take Lenin as someone to refer to...his "red terror" says enough. Of course one could say that doesn't mean he was wrong about other things, yeah but where does that leave us?
The Communist Manifesto isn't what I'm talking about. The CM is a worker pamphlet, not an explanation of Marxism. The Principles of Communism is a much better introductory work, and for Marx himself, Wage Labor and Capital as well as Value, Price and Profit are excellent texts describing Capitalism. I would also add Socialism: Utopian and Scientific for an introduction to Historical Materialism, and the failures of Utopian Socialists like the Owenites.
Lenin is absolutely worth reading, he was the leader of the first genuine Marxist state, and his contributions to Marxist theory are critical. Specifically, Imperialism, the Highest Stage of Capitalism furthers Marx's analysis into the modern era of Monopoly Capitalism, aka Imperialism, which Marx was only alive to see the very beginnings of before he passed away.
Do you mind explaining to me how monopoly capitalism is aka imperialism?
The best way is reading the text I linked over it, which includes proof, analysis, and far more information than I can put in a single comment.
However, the extreme shorthand, is that competition results in monopoly, and monopoly seeks new international sources of raw materials and labor that is cheaper, using predatory loans and exporting industrial Capital directly.
The US, for example, has huge influence over the IMF, and makes the bulk of its value by producing in the Global South and lobbying to keep wages low.