The Highest Stage of Capitalism, Lenin argues that the maturation of capitalism by the eve of World War I transforms the developed capitalist countries. Moreover, he believes these developments alter the relationship between the advanced capitalist powers and the developing world. Explain each of the five features which Lenin believes characterizes this latest stage of capitalist development. Why is he convinced that this latest stage might lead to wars, depressions, and revolutions? Explain.
What parts of Lenin’s analysis do you think Keynes would reject? Explain
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