Vladimir Lenin's Theory of Imperialism

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"This study will examine Lenin's theory of imperialism, and will consider whether his theory remains applicable in the 1990s, and why.

Lenin did not mean, by imperialism, what has generally come to be associated with the term. As we read in Fairbank, "The term 'imperialism,' has of course been ambiguous in American thinking. As first used in the nineteenth century, it referred to the European powers extending their political control over other peoples in the regions where those peoples lived. In short, it meant colonialism. But at the end of the nineteenth century, Lenin . . . . inspired partly by the new science of economics, saw the real evil as capitalist or financial imperialism, which might enslave a people from abroad without necessarily taking them over as a colony" (Fairbank, 1987,...."

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