!["Dollar hegemony" by Luo Jie for China Daily](https://p4r4f7y4.rocketcdn.me/wp-content/uploads/2021/05/Dollar-hegemony-by-Luo-Jie-for-China-Daily-100x146.jpeg)
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…