DVM2350 Lecture Notes - Lecture 5: Karl Kautsky, Effective Demand, Bourgeoisie
29 Oct 2016
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Document Summary
Capitalism uses it as an explanation of the rivalry of competing european empires (germany, britain, It becomes totalitarian because they need to clamp down of the bourgeois class and capitalist powers. It expands in geopolitical boundaries need the expansion of nation state in empire in order to transform backward society into capitalist field of production has to be within the political container of the state. Analysis of all of the basic features of imperialism. It discusses the concentration of production and capital, which reaches such a high stage that it causes the creation of monopolies that dominate economic life. It considers the merging of bank capital with industrial capital and the creation on this basis of a financial oligarchy. Pointed out that it is characteristic of imperialism that the export of capital, as distinguished from that of commodities, becomes extremely important. International capitalist monopolies are formed, which share the world among themselves.
