This week’s reading is Lenin’s Imperialism in the 21st Century, part 1.

This is our first in a short run of selected chapters from this book.

The full book is available online here:
https://iboninternational.org/download/lenins-imperialism-in-the-21st-century/

This week – Chapter 1

The Second Century of Imperialism:
Neoliberal “Globalization” and Permanent War Project of Monopoly Capital
by Antonio Tujan Jr.

• Establishment of US Economic Hegemony after WWII until 1970s – 03:59

• Crisis of Monopoly Capital and the Rise of Neoliberalism – 13:31

• Production Globalization – 26:49

• Crisis of Neoliberalization and the Downward Spiral of Depression and War – 35:06

Acronyms (in alphabetical order)

APEC: Asia-Pacific Economic Cooperation
ASEAN: Association of Southeast Asian Nations
EOI: Export-Oriented Industrialization
EPAs: Expanded Partnership Agreements

EU: European Union
FTA: Free Trade Agreement

GATS: General Agreement on Trade in Services
GATT: General Agreement on Tariffs and Trade
GDP: Gross Domestic Product
IMF: International Monetary Fund

ISI: Import-Substitution Industrialization
IBRD: International Bank for Reconstruction and Development, later became the World Bank

LIEO: Labor-Intensive Export Oriented
MAI: Multilateral Agreement on Investment

MIA: Multilateral Investment Agreement

NAFTA: North American Free Trade Agreement
NAMA: Non-Agricultural Market Access
NATO: North Atlantic Treaty Organisation
NIEs: Newly Industrializing Economies
ODA: Official Development Assistance
OECD: The Organisation for Economic Co-operation and Development
QE: Quantitative Easing
RCEP: Regional Comprehensive Economic Partnership
SADC: Southern African Development Community

SAPs: Structural Adjustment Programs
SEZs: Special Export Zones

TPPA: Transpacific Partnership Agreement
TRIPS: Trade Related Aspects of Intellectual Property Rights

TTIP: Transatlantic Trade and Investment Partnership
UK: United Kingdom
UN: United Nations

UNCTAD: The United Nations Conference on Trade and Development

UNDP: United Nations Development Program
UNRRA: UN Relief and Rehabilitation Administration
US: United States (of America)
USSR: Union of Soviet Socialist Republics

WTO: World Trade Organisation

Tables

1 – 11:10

2 – 11:18

Figures

1 – 32:05

2 – 36:12

Footnotes

1. 04:06
This section closely follows Harry Magdoff 1969.

2. 06:42
Magdoff 1969, 87.

3. 07:48
Nelson 1968, 11, quoted in Magdoff 1969.

4. 08:15
Eichengreen 2011.

5. 12:51
Ranis et al. 1974.

6. 13:51
Duménil and Levy 2004.

7. 16:42
Steger and Roy 2010.

8. 17:13
Lensink 1996.

9. 21:53
Williamson 1989.

10. 24:20
Humphreys 2001, 88‒101.

11. 25:03
Khor 1997.

12. 27:02
Credit for coining the term is often attributed to Theodore Levitt who used it in his article “Globalization of Markets,” in the May-June 1983 issue of the Harvard Business Review, though there are earlier uses.

13. 28:20
Tujan 1996, 10.

14. 31:16
Tujan 2010.

15. 32:13
Tujan and Verzola 2013.

16. 32:52
Tujan and Verzola 2013.

17. 37:15
Haldane 2015.

18. 37:58
Jubilee Debt Campaign 2017.