ABSTRACT

Rosa Luxemburg argued that the process of capital accumulation necessarily entailed an interaction between the capitalist and pre-capitalist sectors; the dragging of the latter into such interaction through acquiring control over those regions, therefore, was essential for capitalism. Even V. I. Lenin, in talking about the colonial oppression and 211, the financial strangulation of the overwhelming majority of the population of the world by a handful of advanced' countries, was taking cognizance of an obvious fact, namely the spatial dimension of imperialism. One should remember here that imperialism is not just a descriptive concept that simply highlights the difference between the two different segments into which capitalism has historically divided the world. Nor is it a mere tailor-made theorization of this difference. Imperialism as a phenomenon, far from disappearing, becomes even more pronounced in the current era, notwithstanding the integration of the big bourgeoisie from all regions into the operation of globalized capitalism.