Imperialism in the Twenty-First Century: Globalization, Super-Exploitation, and Capitalism’s Final Crisis
384 pp, $29 pbk, ISBN 9781583675779
By John Smith
Reviewed by Michael Roberts
“Has imperialism changed since Lenin wrote his seminal work, Imperialism, the highest stage of capitalism, exactly 100 years ago? Two new books on imperialism by British Marxists help us to answer that question. The first, by Tony Norfield (The City – London and the global power of finance, published by Verso Books), looks at the ‘centre’ of imperialism in the major financial hubs of mature capitalist economies. He analyses the ‘superstructure’ of modern imperialism, if you like. In the second, John Smith (Imperialism in the 21st century, published by Monthly Review Press) looks at the foundations of exploitation under modern imperialism in the ‘periphery’. These books thus complement each other and offer new insights into the economic nature of imperialism that bring Lenin’s work up to date….”
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