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"Dollar hegemony" by Luo Jie for China Daily

Five Characteristics of Neoimperialism

Building on Lenin's Theory of Imperialism in the Twenty-First Century

Neoimperialism, the specific contemporary phase of historical development, can be summed up on the basis of five key features: the new monopoly of production and circulation; the new monopoly of finance capital; the monopoly of the U.S. dollar and intellectual property; the new monopoly of the international oligarchic alliance; and the economic essence and general trend. | more…

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