3min chapter

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Imperialism: The Highest Stage of Capitalism - V.I. Lenin

Red Menace

CHAPTER

The Rise of Monopoly Capitalism

Lendon: monopoly capitalism is anithetical to the ideas we are often told about capitalism, namely that it's all about open and fair competition on the free market. The advent of monopoly capitalism proves that this ideal of capitalism is nothing more than an empty rhetorical device used to defend a system which is nothing like it claims to be," he says.

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