Imperialism in the 21st century – what Lenin would say today

Spectre of Communism – the theoretical podcast of the RCI – kicks off a new season by exploring one of the most fundamental and important topics of today: imperialism 💵First explained by Vladimir Lenin in his 1916 book of the same name, imperialism has come to define the past century. From countless wars to the economic dominance of giant monopolies, it has destroyed the lives of billions of people  🦅Much has changed since Lenin put pen to paper, but the core ideas and developments he described remain as relevant as ever. In fact, the parasitic features of imperialism have only become more pronounced, with monopolisation and the concentration of capital reaching truly obscene levels 📈Today, three asset management firms – BlackRock, Vanguard, and State Street – control over $22 trillion in assets and hold major stakes in 88% of S&P 500 companies. The world's richest 1% own more wealth than 95% of humanity, while developing countries pay $487 billion to foreign lenders every single year. Meanwhile, the number of wars and conflicts is at its highest since the Second World War, as rivalry between the major imperialist powers intensifies 🧨In this episode, Joe Attard is joined by Jorge Martín, leading member of the RCI, to discuss why understanding imperialism is a prerequisite for fighting it. That means grasping concretely how imperialist conflicts are bound to unfold in the period ahead – and how the class struggle that imperialism creates will provide immense opportunities to strike blows against the capitalist system the world over ✊Tune in, and subscribe wherever you get your podcasts, so you don't miss any future episodes of Spectre of Communism 📺