What we see today is capitalism’s latest stage, imperialism, and how that pushes manufacturing onto the global south while the north plunders and profits. Marx’s analysis is just as valid today, heightened by Marxists like Lenin.
I don't get this notion that Lenin was right about imperialism as the last stage of capitalism. He said that more than a century ago and we are still in this last stage.
The original title in Russian, Империализм, как высшая стадия капитализма, actually translates to "current highest" or "latest highest," not the last or final. Authors like Cheng Enfu have written works like Five Characteristics of Neoimperialism, analyzing the current characteristics of and contradictions in imperialism today. Moreover, Lenin has still been correct, the global south is rising against imperialism and the global north is declining. The US Empire has become the indusputed hegemon, and as it dies is taking the whole imperialist system propping it up down with it.
I don't get this notion that Lenin was right about imperialism as the last stage of capitalism. He said that more than a century ago and we are still in this last stage.
The original title in Russian, Империализм, как высшая стадия капитализма, actually translates to "current highest" or "latest highest," not the last or final. Authors like Cheng Enfu have written works like Five Characteristics of Neoimperialism, analyzing the current characteristics of and contradictions in imperialism today. Moreover, Lenin has still been correct, the global south is rising against imperialism and the global north is declining. The US Empire has become the indusputed hegemon, and as it dies is taking the whole imperialist system propping it up down with it.