ABSTRACT

This chapter deals with the basic attributes of imperialism as monopoly capitalism. Imperialism is a special stage of capitalism. This special nature is manifested in three ways: imperialism is monopoly capitalism; imperialism is parasitic and decaying capitalism; and imperialism is moribund capitalism. The transition from free competition to monopoly is the most marked economic phenomenon in the development of capitalism into imperialism. Monopoly organization is either the largest capitalist enterprise or an alliance of capitalist enterprises. Imperialism fights for colonies and world hegemony and obtains high monopoly profits through wars. The international monopoly alliance is originally an international monopoly organization set up by the monopoly capitalists of various countries to divide up the world market for high monopoly profits. Economic monopoly inevitably intensified the fundamental contradictions of imperialism and accentuated the political and economic crises of capitalism.