http://lists.econ.utah.edu/pipermail/marxism-thaxis/1999-January/013151.html

>>> Andrew Wayne Austin  12/31 11:49 AM >>>
Rob,

Several things must be considered. Imperialism in the history of Marxist
thought is a scientific theory, or, more accurately, a set of scientific
theories, that refers to international activity and relations in the era
of monopoly capitalism, and a method for periodizing history. If one
accepts Lenin's theory of imperialism, for example, one must hold to the
view that world-capitalism is an abstraction that is concretely divided
into national units whose bourgeoisie use the state to advance their
interests against the interests of other bourgeoisie and their national
states. Lenin was talking about the major territories, with the periphery
considered more in terms of regions or zones of conquest and exploitation. 
If one accepts Kautsky's theory of imperialism one must agree to the
premise that imperial relations are to be understood in terms of the
relation between the economic core and the periphery. Kautsky's theory is
problematic in that the relation between core and periphery is a general
relation that exists throughout history. Thus the term imperialism is not
specific to capitalist development. Lenin's theory is much more accurate
in this regard since it nails down the characteristics of a stage in
capitalist development. Imperialism does not exist anymore according to
Lenin's theory because the situation of the national bourgeoisie using
their states against other national bourgeoisie is not the present
situation, and probably isn't conceivable in the present situation. Rather
the present situation is one in which the transnational capitalist class
uses the bourgeois state to contain and control labor pools and to secure
environments conducive to the extension of production and commodity chains
globally. The development of capitalism in the post-World War II period
has undermined the material basis for, and transformed the imperatives of,
the bourgeois state as it existed under imperialist arrangements. Of
course, there are other theories and they have their problems. But the
question before us is this, and it is a question of basic scientific
procedure: do we remove concepts to the history of science when they no
longer fit empirical reality as defined by the scientific system being
used, or do we change the concept to fit the new empirical reality. I
submit to you that the latter course is the course of rationalization and
ad hoc conceptualization and results in sloppy theoretical work, which
also leads to incorrect practice. The concept "imperialism" is too
concrete to be applicable to the present global situation. This is not to
say that imperialistic relations do not still exist. But, overall,
imperialism has passed as period of capitalist development (unless you are
a Kautskyite, of course).

Btw, the term "globalism" is an ideological term used by organic
intellectuals of the transnational elite or a derogatory expression used
by Stalinists, Leninists and Trotskyites who wish to maintain the rhetoric
of imperialism in face of contrary evidence. Historical materialists like
Stephen Gill, Bill Robinson, Robert Cox and others are using the term
"globalization" and "transnationalization" to describe the new stage of
capitalist development.

Andy






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