In 1916, Vladimir Lenin, a forefather of Chinese communism, described imperialism as the “highest form of capitalism.” The goal of the imperialist nation is to use its superior financial resources and managerial expertise to gain economic control over the minerals, raw materials, agricultural products, and other natural resources of the imperialized country. Such control is typically achieved by lavishly bribing the corrupt rulers of the developing nation who facilitate the influx of capital, skilled labor, and managerial talent from the imperialist country.
This first wave of capital and labor constitutes the imperialist’s “weapons of mass construction.” These weapons are used to build the transportation and communications networks and the extraction ...
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