Will Griffin: 4 Characteristics of the Current Phase of Imperialism

Smash Imperialism!

Image by Benjamin Solah via Flickr

by Will Griffin
Writer, Dandelion Salad
June 14, 2022

The Peace Report on Jun 8, 2022

In the previous video, we discussed how the capitalist-imperialist system developed over the past century. Today, in the current phase, we will discuss its 4 main characteristics, as laid out by Pao-Yu Ching in the highly recommended book, Lenin’s Imperialism in the 21st Century published by the Institute of Political Economy.

Pao-Yu Ching describes 4 characteristics of the current phase of imperialism as:

  1. The hegemonic status of the US dollar and the US domination in international finance.
  2. The internationalization of production and accumulation.
  3. The interconnectedness of the global capitalist class.
  4. The unresolvable and deepening contradictions between the capitalist state and its people.

See also:

The Global Police State by William I. Robinson

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From the archives:

Michael Parenti: Globalization, the New Imperialism

Eat the Rich! by Yanis Iqbal

Will Griffin: Imperialism After Lenin

Will Griffin: Understanding Imperialism: One Divides Into Two

Michael Hudson: Sanctions: The Blowback

The American Empire Self-destructs, by Michael Hudson

William I. Robinson: The Global Police State, Capitalism and 21st Century Fascism

Imperialism is the Source of our Society’s Growing Misery and Death, by Rainer Shea

Imperialism 101 by Michael Parenti

3 thoughts on “Will Griffin: 4 Characteristics of the Current Phase of Imperialism

  1. Pingback: Michael Hudson: A Philosophy for a Fair Society – Dandelion Salad

  2. Pingback: Capitalism Is Working As Intended: The Madness of Capitalist Inequality, by Pete Dolack – Dandelion Salad

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