"If it were necessary to give the briefest possible definition of imperialism, we should have to say that imperialism is the monopoly stage of capitalism"
- Vladimir Lenin
About this Quote
Vladimir Lenin's quote is a succinct meaning of imperialism. He mentions that imperialism is the monopoly stage of industrialism. This indicates that imperialism is the highest stage of industrialism, where a couple of big business or individuals manage most of the market. This monopoly power allows them to dictate costs, production, and other elements of the marketplace. This can lead to exploitation of workers, resources, and other countries. Imperialism can also lead to increased inequality, as the wealthy couple of are able to collect more wealth and power. Lenin's quote is a concise method of explaining the unfavorable results of imperialism, and how it is a result of commercialism.
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