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LENIN:

'Capitalism is greatest oppressor of nations'

Imperialism is the highest stage in the development of capitalism, one that has been reached only in the 20th century. Capitalism began to feel cramped within the old national states, without the formation of which it could not overthrow feudalism.

Capitalism has brought about such economic concentration that entire branches of industry are in the hands of syndicates, trusts, or corporations of billionaires; almost the entire globe has been parceled out among the "giants of capital," either in the form of colonies, or through the entangling of foreign countries by thousands of threads of financial exploitation.

Free trade and competition have been superseded by tendencies towards monopoly, towards seizure of lands for the investment of capital, for the export of raw materials, etc. Capitalism, formerly a liberator of nations, has now, in its imperialist stage, become the greatest oppressor of nations. Formerly progressive, it has become a reactionary force.

It has developed the productive forces to such an extent that humanity must either pass over to socialism, or for years, nay, decades, witness armed conflicts of the "great" nations for an artificial maintenance of capitalism by means of colonies, monopolies, privileges, and all sorts of national oppression.

From "Socialism and War," 1915.

Reprinted from the April 25, 2002, issue of Workers World newspaper

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