It is also known as “fully moving towards reactionary politics”. The political retrogression and reactionary trend revealed by Lenin after analyzing the economic characteristics of imperialism. The inevitable result of financial capital’s monopolistic domination in economy is that it moves towards full reactionary in politics. Lenin said: “Imperialism is an era of financial capital and monopoly organizations. Financial capital and monopoly organizations everywhere have a tendency of domination rather than freedom. As a result of this trend, there will be a full-scale reaction under all political systems”…
Article Length: 2,299 characters
Own the print edition of The Great Dictionary of Marxism for unrestricted study and reference.
