View source for Library:Five Characteristics of Neoimperialism

{{Library work|title=Five Characteristics of Neoimperialism|author=Cheng Enfu and Lu Baolin|written in=2021|publisher=Monthly Review|type=Article|source=[https://monthlyreview.org/2021/05/01/five-characteristics-of-neoimperialism/ Monthly Review]}}
{{Book_TOC
|level1=2
|item1=[[Library:Five_Characteristics_of_Neoimperialism/The New Monopoly of Production and Circulation|The New Monopoly of Production and Circulation]]
|level2=2
|item2=[[Library:Five_Characteristics_of_Neoimperialism/The New Monopoly of Finance Capital|The New Monopoly of Finance Capital]]
|level3=2
|item3=[[Library:Five_Characteristics_of_Neoimperialism/Minority of Financial Institutions Control Main Global Economic Arteries|Minority of Financial Institutions Control Main Global Economic Arteries]]
|level4=2
|item4=[[Library:Five_Characteristics_of_Neoimperialism/The Globalization of Monopoly Finance Capital|The Globalization of Monopoly-Finance Capital]]
|level5=2
|item5=[[Library:Five_Characteristics_of_Neoimperialism/From Production to Speculative Finance|From Production to Speculative Finance]]
|level6=2
|item6=[[Library:Five_Characteristics_of_Neoimperialism/The Monopoly of the U S Dollar and Intellectual Property|The Monopoly of the U.S. Dollar and Intellectual Property]]
|level7=2
|item7=[[Library:Five_Characteristics_of_Neoimperialism/The Spatial Expansion of the Capital Labor Relation Global Value Chains and the Global Labor Arbitrage|The Spatial Expansion of the Capital-Labor Relation: Global Value Chains and the Global Labor Arbitrage]]
|level8=2
|item8=[[Library:Five_Characteristics_of_Neoimperialism/Monopoly Finance Capital and Multinational Corporate Dominance|Monopoly-Finance Capital and Multinational Corporate Dominance]]
|level9=2
|item9=[[Library:Five_Characteristics_of_Neoimperialism/Neoimperialism and the Neoliberal State|Neoimperialism and the Neoliberal State]]
|level10=2
|item10=[[Library:Five_Characteristics_of_Neoimperialism/U S Dollar Hegemony Intellectual Property Rights and the Plundering of Global Wealth|U.S. Dollar Hegemony, Intellectual Property Rights, and the Plundering of Global Wealth]]
|level11=2
|item11=[[Library:Five_Characteristics_of_Neoimperialism/The New Monopoly of the International Oligarchic Alliance|The New Monopoly of the International Oligarchic Alliance]]
|level12=2
|item12=[[Library:Five_Characteristics_of_Neoimperialism/The G7 as the Mainstay of the Imperial Capitalist Core|The G7 as the Mainstay of the Imperial Capitalist Core]]
|level13=2
|item13=[[Library:Five_Characteristics_of_Neoimperialism/NATO and the International Monopoly Capitalist Military and Political Alliance|NATO and the International Monopoly-Capitalist Military and Political Alliance]]
|level14=2
|item14=[[Library:Five_Characteristics_of_Neoimperialism/Cultural Hegemony Dominated by Western Universal Values|Cultural Hegemony Dominated by Western “Universal Values”]]
|level15=2
|item15=[[Library:Five_Characteristics_of_Neoimperialism/The Economic Essence the General Trend and the Four Forms of Ideological Fraud|The Economic Essence, the General Trend, and the Four Forms of Ideological Fraud]]
|level16=2
|item16=[[Library:Five_Characteristics_of_Neoimperialism/Economic Hegemony and Fraud|Economic Hegemony and Fraud]]
|level17=2
|item17=[[Library:Five_Characteristics_of_Neoimperialism/Political Hegemony and Fraud|Political Hegemony and Fraud]]
|level18=2
|item18=[[Library:Five_Characteristics_of_Neoimperialism/Cultural Hegemony and Fraud|Cultural Hegemony and Fraud]]
|level19=2
|item19=[[Library:Five_Characteristics_of_Neoimperialism/Military Hegemony and Fraud|Military Hegemony and Fraud]]
|level20=2
|item20=[[Library:Five_Characteristics_of_Neoimperialism/Neoimperialism Is a Parasitic and Decaying Late Imperialism|Neoimperialism Is a Parasitic and Decaying Late Imperialism]]
|level21=2
|item21=[[Library:Five_Characteristics_of_Neoimperialism/Neoimperialism Is a Transitional and Moribund Late Capitalism|Neoimperialism Is a Transitional and Moribund Late Capitalism]]
}}
Neoimperialism is the specific contemporary phase of historical development that features the economic globalization and financialization of monopoly capitalism. The characteristics of neoimperialism can be summed up on the basis of the following five key features. First is the new monopoly of production and circulation. The internationalization of production and circulation, together with the intensified concentration of capital, gives rise to giant multinational monopoly corporations whose wealth is nearly as great as that of whole countries. Second is the new monopoly of finance capital, which plays a decisive role in global economic life and generates a malformed development, namely, economic financialization. Third is the monopoly of the U.S. dollar and intellectual property, generating the unequal international division of labor and the polarization of the global economy and wealth distribution. Fourth is the new monopoly of the international oligarchic alliance. An international monopoly alliance of oligarchic capitalism, featuring one hegemonic ruler and several other great powers, has come into being and provides the economic foundation for the money politics, vulgar culture, and military threats that exploit and oppress on the basis of the monopoly. Fifth is the economic essence and general trend. The globalized contradictions of capitalism and various crises of the system often undergo an intensification that creates the new monopolistic and predatory, hegemonic and fraudulent, parasitic and decaying, transitional and moribund form of contemporary capitalism as late imperialism.

The historical evolution of capitalism has passed through several distinct stages. At the beginning of the twentieth century, capitalism reached the stage of private monopoly, which V. I. Lenin termed the ''imperialist'' stage. The era of imperialism brought with it the law of uneven economic and political development. In order to expand overseas and redistribute the territory of the world, the leading powers formed various alliances and launched a fierce struggle that led to two world wars. Eurasia suffered from continuous wars throughout the first half of the twentieth century. One after the other, national democratic revolutions and the communist movement developed continuously. After the Second World War, a number of economically underdeveloped countries adopted a socialist path of development, intensifying the confrontation between capitalism and socialism. Although ''The Communist Manifesto'' had long anticipated that capitalism would inevitably be replaced by socialism, this was only possible in a very few countries. The capitalist and imperialist system, despite suffering grave problems, survived. From the 1980s and early ’90s, capitalism carried out a strategic shift to neoliberal policies and evolved into its neoimperialist phase. This represents a new phase in the development of imperialism following the Cold War.

In his book ''Imperialism, the Highest Stage of Capitalism'', Lenin set out the definition and characteristics of imperialism as follows:<blockquote>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.… We must give a definition of imperialism that will include the following five of its basic features: (1) the concentration of production and capital developed to such a high stage that it has created monopolies which play a decisive role in economic life; (2) the merging of bank capital with industrial capital, and the creation, on the basis of this “finance capital,” of a financial oligarchy; (3) the export of capital as distinguished from the export of commodities acquires exceptional importance; (4) the formation of international monopolist capitalist associations which share the world among themselves, and (5) the territorial division of the whole world among the biggest capitalist powers is completed. Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capital is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun; in which the division of all territories of the globe among the biggest capitalist powers has been completed.1</blockquote>In an article published in December 1917, Lenin further elaborated that: “Imperialism is a specific historical stage of capitalism. Its specific character is threefold: imperialism is monopoly capitalism; parasitic, or decaying capitalism; moribund capitalism.”2

Based on Lenin’s theory of imperialism, we shall analyze contemporary capitalism while bearing in mind the recent changes it has undergone. ''Neoimperialism'', we shall argue, is the phase of late imperialism that has arisen in the contemporary world, against the background of economic globalization and financialization.3 The character and features of neoimperialism can be summarized, as stated, around five aspects.
== The New Monopoly of Production and Circulation ==
{{Library:Five_Characteristics_of_Neoimperialism/The New Monopoly of Production and Circulation}}
== The New Monopoly of Finance Capital ==
{{Library:Five_Characteristics_of_Neoimperialism/The New Monopoly of Finance Capital}}
== Minority of Financial Institutions Control Main Global Economic Arteries ==
{{Library:Five_Characteristics_of_Neoimperialism/Minority of Financial Institutions Control Main Global Economic Arteries}}
== The Globalization of Monopoly-Finance Capital ==
{{Library:Five_Characteristics_of_Neoimperialism/The Globalization of Monopoly Finance Capital}}
== From Production to Speculative Finance ==
{{Library:Five_Characteristics_of_Neoimperialism/From Production to Speculative Finance}}
== The Monopoly of the U.S. Dollar and Intellectual Property ==
{{Library:Five_Characteristics_of_Neoimperialism/The Monopoly of the U S Dollar and Intellectual Property}}
== The Spatial Expansion of the Capital-Labor Relation: Global Value Chains and the Global Labor Arbitrage ==
{{Library:Five_Characteristics_of_Neoimperialism/The Spatial Expansion of the Capital Labor Relation Global Value Chains and the Global Labor Arbitrage}}
== Monopoly-Finance Capital and Multinational Corporate Dominance ==
{{Library:Five_Characteristics_of_Neoimperialism/Monopoly Finance Capital and Multinational Corporate Dominance}}
== Neoimperialism and the Neoliberal State ==
{{Library:Five_Characteristics_of_Neoimperialism/Neoimperialism and the Neoliberal State}}
== U.S. Dollar Hegemony, Intellectual Property Rights, and the Plundering of Global Wealth ==
{{Library:Five_Characteristics_of_Neoimperialism/U S Dollar Hegemony Intellectual Property Rights and the Plundering of Global Wealth}}
== The New Monopoly of the International Oligarchic Alliance ==
{{Library:Five_Characteristics_of_Neoimperialism/The New Monopoly of the International Oligarchic Alliance}}
== The G7 as the Mainstay of the Imperial Capitalist Core ==
{{Library:Five_Characteristics_of_Neoimperialism/The G7 as the Mainstay of the Imperial Capitalist Core}}
== NATO and the International Monopoly-Capitalist Military and Political Alliance ==
{{Library:Five_Characteristics_of_Neoimperialism/NATO and the International Monopoly Capitalist Military and Political Alliance}}
== Cultural Hegemony Dominated by Western “Universal Values” ==
{{Library:Five_Characteristics_of_Neoimperialism/Cultural Hegemony Dominated by Western Universal Values}}
== The Economic Essence, the General Trend, and the Four Forms of Ideological Fraud ==
{{Library:Five_Characteristics_of_Neoimperialism/The Economic Essence the General Trend and the Four Forms of Ideological Fraud}}
== Economic Hegemony and Fraud ==
{{Library:Five_Characteristics_of_Neoimperialism/Economic Hegemony and Fraud}}
== Political Hegemony and Fraud ==
{{Library:Five_Characteristics_of_Neoimperialism/Political Hegemony and Fraud}}
== Cultural Hegemony and Fraud ==
{{Library:Five_Characteristics_of_Neoimperialism/Cultural Hegemony and Fraud}}
== Military Hegemony and Fraud ==
{{Library:Five_Characteristics_of_Neoimperialism/Military Hegemony and Fraud}}
== Neoimperialism Is a Parasitic and Decaying Late Imperialism ==
{{Library:Five_Characteristics_of_Neoimperialism/Neoimperialism Is a Parasitic and Decaying Late Imperialism}}
== Neoimperialism Is a Transitional and Moribund Late Capitalism ==
{{Library:Five_Characteristics_of_Neoimperialism/Neoimperialism Is a Transitional and Moribund Late Capitalism}}
[[Category:Library works by Cheng Enfu]]
[[Category:Library works about imperialism]]