The producers news., 1927-07-01
ELEMENTS OF POLITICAL EDU
CATION
Continued from last week.

and most docile labor power possible and to thrive
on the rapacious squeezing out of the last drop of
its sap and sweat, and also in the interests of
the struggle with the workers organizations, turn
to the backward countries (China Africa, etc. in
order to provide themselves with more profitable,
cheaper and humber labor power. The backward
countries, where the proetariat is weakly orga-
nized or where there are no workers organiza- !
tons at all, present particularly convenient field
of action for the most prodigious exploitation of
labor power.
AS result of all this, as a result of finance
capitals pursuit of markets for the sale of commo-
dites, of sources of raw materials, of fields for
the export of capital and of cheap labor power,
there develops modern Imperialism which is an
inevitable offspring of finance capital
Thus can now define modern Imperialism in
the following way:
MODERN IMPERIALISM is FINANCE CAP
ITALS POLICY OF CONQUEST OR OF SEIZ-
URE, IN 1T STRUGGLE FOR MARKETS FOR
THE SALE OF COMMODITIES, FOR SOURCES
OF RAW MATERIALS AND FUEL. FOR THE
MOST PROFITABLE INVESTMENT OF CAPI-
tai IN OTHER COUNTRIES AND FOR THE
ACQUISITION IN THEM OF CHEAPER LABOR
POWER, by means of subjecting to itself other
countries and peoples and creating great world
capital and is inextricably bound up with it.
Further, each of the finance capitalist states
tries finally to take possession of the whole world
and to form world empire, where the little
group of capitalists of the conquering country
should have undivided rule.
q. WHAT POSITION DOES IMPERIALISM
OCCUPY IN THE DEVELOPMENT OF
CAPITALISM?
We said that modern Imperialism is the policy
of conquest and seizure maintained by finance
capital of given state, and directed towards the
subsection of other countries and peoples and the
creation of a great world state For the more
complete understanding of modern Imperialism
it is necessary to make clear the position that i'm
perialism occupies in the development of capital
ism, and those characteristic phenomena in the
life of modern capitalism which form the founda-
tion of Imperialism.
On the economic side the most important feat
ure of Imperialism is monopolistic capitalism. In
others words, imperialism is the modern monopo-
istic stage in the development of capitalism The
domination Of the monopolistic unions of capital
lists, the cartels syndicates and trusts dividing.
amongst themselves first of all the domestic mar
kets, and then arriving at the formation of inter-
national cartels and syndicates, constitutes the
chief popularity of the modern stage of capitalism
This modern stage supplanted the foregoing stage
OF capitalism with the rule of free competition.
Capitalist monopoly is the direct opposite of free
competition and signifies the beginning already of
the transition of capitalism to higher system,
not of private property but of social economy.
Capitalist monopoly is the deepest economic foun
dation of modern Imperialism. The MONOPOLY is
capltallstic e., growing out of capitalism and
existing still in the general environment of can
| / q in tbo
ductlon, anarchy, and competition, and in con-
slant and complete contradiction to this environ
ment
This monopoly in the age of imperialism is un-
ayoidably bound up with the phenomena of stag
nation and decay of capitalism on the one hand
and the parasitism of the capitalists on the other
hand
Thus Imperialism, on the economic side is not
only the modern monopolistic stage of capitalism
but also, at the time, its final and declining
stage' when capitalism, having reached monopoly
and taken on the form of stockholding parasitic
capital begins to lose the internal springs for the
aeVelopment OF the productive forces and enters
ln1o the period of internal decomposition and de-
cay mus imperialism, as the modern, and at the
same time the final stage of capitalism, presup-
poses on the economic side the four following fea
lures which gives us complete understanding of
Imperialism.
l. The high development of capitalist monopo-
nes which play decisive role in the economic
Ie OF the different capitalist states and begin to
seize hold of world economy.
2 The presence of finance capital and the fin
anelal arlstocracy or Olgarchy who directs every
tnlng within the capitalist states.
o. The tremendous development of the export
OF capital to other countries
l. The completion of the territorial division of
ers.
mus IMPERIALISM on the economic side and
IN the general course of capitalist development is
modern capitalism in the final stage of its devel-
Opment' when the domination Of finance capital
united with the capitalist mOnopOIies has been at
'alned when the export of capital has acquired a
preoommating significance, when the division of
'ne world between the international trusts has be-
gum and when the division of all the territories
u 'ne globe amongst the biggest capitalist pow
ers has been completed
CONTINUED next week.