Thank you Chris for your kind reply. In spite of the danger of being seen 
as a complete hypocrite I disavow my claim to silence and re-enter 
discussion as far as I am able.

First a note on "Empire" I formed an impression based on what others had 
said and mere glance at the text itself, I admit to being hypersensitive of 
anything that smacks of a post-modernist tone and dismissed the book in my 
ignorance - I now intend to give it careful reading, those parts you 
referred me to (pages 229-230) have made a powerful impression that many 
gems might be found whatever else may also be there.

Second, I have made the mistake of putting forward a conclusion as if it 
were a plain fact in regard to Lenin's view of international cartels. 
Although I have snipped your reply your reading is absolutely accurate in 
this regard - Lenin says nothing about the instability of such cartels and 
treats them as manifestations of the stage of capitalist development as it 
was in his time. My assertion as it stands forces a fair reading far too 
far and beyond reasonable acceptance (put this down to my  incompetence).

In my own defense, and putting forward a conclusion with out least a small 
amount of support, my reading derives from two sources from within the text 
and also a logical conclusion drawn from the concept of Imperialism itself.

The first is Lenin's referring to "unstable" monopolies as precursors to 
monopoly capitalism in  Chapter 1 (CONCENTRATION OF PRODUCTION AND 
MONOPOLIES) that after the crisis of 1873 cartels emerged as exceptions and 
were not durable, before this period such monopolies were described as 
embryonic and barely discernable during the apex of free competition (1860-70).

The importance of this is that I believe that this parallels how Lenin 
discusses international cartels which in themselves seem to fall into two 
distinct overlapping groups.  In Chapter 7 (IMPERIALISM AS A SPECIAL STAGE 
OF CAPITALISM) Lenin speaks of "the division of the world among the 
international trusts has just begun, in which the division of all 
territories of the globe among the biggest capitalist powers has been 
completed."

In this sense just as monopolies are the natural outcome of free 
competition, these trusts are the natural outcome of a world divided up by 
imperial powers. It is not difficult to conclude that there are two types 
of such trusts that could develop. A natural cartel which rests directly on 
the territories under the influence of this or that power (ie in parallel 
as Lenin remarked at the end of Chapter 5with and based on the divisions 
established by these world powers). But this also suggests other forms of 
trusts which are not so completely confined to these divisions - that is 
they reach beyond the alliances and territories of a particular power. I 
believe in Chapter 5 the collapses and instability (other than that of 
competing capital) seem related to this incompatibility (which I admit is 
not a strong argument by any means).

At any rate in Chapter 5 (DIVISION OF THE WORLD AMONG CAPITALIST 
ASSOCIATIONS) begins by qualifying such "supermonolopies" temporally by 
stating that the creation of "spheres of influence" of big monopolies 
"naturally" gravitates towards international agreements amongst these 
associations and towards the formation of international cartels.

It is the qualification of "towards" which I find harkens back to a similar 
approach when Lenin dealt with the rise of monopoly capital. Moreover, his 
special use of the term supermonopoly is only used in this context - the 
distinction between monopolies and supermonopolies seems strongly implied. 
The first impression is that he is looking at embryonic forms, or emergent 
forms. Certainly in the context of criticizing Kautsky who identified these 
as precursors of a further stage beyond imperialism (which Lenin does not 
attack, he simply points out how they grow from the contradictions of 
Imperialism).

These points do not prove my conclusion as they rely on the context of the 
text and views of what this should be will vary, but to show that such a 
reading is not beyond reason. I make no pretense of having any direct 
quotes from Lenin to justify this particular view of the notion he 
elaborates but I would put forward that the interpretation is not at odds 
with what he has said.

The real argument is this. Today we have a great many such supermonopolies 
the stability I ascribe to them derives from the fact that active 
imperialist competition has given way to a single superpower, insofar as 
this single power maintains itself there are no extraneous political forces 
(in terms of imperial ambitions) which can destroy them via external means 
(as in the case of a few of the examples in Chapter 5). The otherside of 
this is the natural instability of any such cross-parallel  associations 
when Imperial powers are still in active contest - logically the various 
Imperial states will from time to time view such associations as against 
their interests and take action (very different from today when these 
supermonopolies are constantly wooed but never scolded).

I hope this make some sense, Lenin in the last paragraph (Chapter5) 
qualifies the internationalism of the subject matter by stating that the 
then present international cartels are based on and in parallel to Imperial 
powers, however, his first paragraphs in the same chapter talk of 
Supermonopolies in a more generalised way (vis a vis Kautsky's rendition to 
them as a future cure all). I believe this makes clear sense only when 
conceding a logical instability of such international relationships during 
active imperialist competition - well that is at least the conclusion I 
have come to.

Chris in this context, nothing disputes your excellent summary of the 
examples used by Lenin in Chapter 5. My point would only be that the 
question of instability adds some dimensions to these examples, and 
provides a conceptual way of distinguishing the past forms from the 
present. Obviously I do not expect anyone to swallow my conclusion as I 
have put it forward, the question is not whether I have provided enough 
weight of evidence (on such a basis I fail rather miserably), but whether 
this conclusion actually grows out of and adds to the original conception 
(in this I believe it does, without for a second believing that this was on 
Lenin's mind at the time, rather it is a question that could only be posed 
long after him and in a very changed context).

At 06:40 27/09/01 +0100, you wrote:
>At 26/09/01 10:19 +0800, Greg wrote:
><sniped>
>I suggest that that his main point [Lenin's] which differs somewhat from 
>today is the issue of territorial division.
>
>Why is that less important today?
>
>I would obviously refer to the anti-colonial movement of the 20th century, 
>but fundamentally the reason is related to the economic base, the 
>development of the means of production. In many leading spheres capital 
>can no longer compete merely on the basis of capturing the national 
>market: production has to be wider than the national market.
>
>I think there are probably also issues of how monopoly companies have 
>reacted to populist anti-trust legislation. They now make secret alliances 
>in more subtle ways than the crude cartels did at the end of the 19th 
>century, which were bound to come unstuck from time to time in mutual 
>recrimination.
>
>I fully agree that whatever has changed does not automatically mean we 
>should respect or hate Lenin any more or less. Lenin in this chapter 
>refers to "the historico-economic meaning of what is taking place; for the 
>forms of the struggle may and do constantly change in accordance with 
>varying, relatively particular and temporary causes, but the substance of 
>the struggle, its class content positively cannot change while classes exist."
>
>True he we was strongly suggesting in this work written under the 
>restrictions of censorship, a historically inevitable process, but it 
>could be perfectly consistent with his method now to discuss 
>retrospectively how the forms of control of economic production by 
>monopoly finance capital have changed.

I agree very much with what you say above - I am no economist (in fact I am 
very ignorant of just what the bourgeoisie get up to economically), 
politically and historically I believe there is more than enough reasons 
for some spring-cleaning and development in this area.

Could I add one more point, or rather pose a question (based on my 
assumption that we have moved past Lenin's Imperialism into something else).

The conjunction of development of national financial capital with states 
that were capable of Imperial ambitions made Imperialism and monopoly 
capitalism more or less the same thing (expressions of the dominant 
character of capital as it had developed, Imperialism being both a 
necessary and determining expression).

However, if it is assumed that Imperialism has given way to 
super-imperialism there is no need to assume that super-imperialism is 
itself an expression of the dominant character of capital as it has 
developed (it may be a necessary expression without be a determining one). 
The notion of superimperialism is of capital moving past and above states 
(it has moved past the essential conjunction of native capital developing 
within a power strong enough to become imperial in order to express itself 
as national financial capital). Rather super-imperialism may be useful in 
order to understand the actions of states, but the nature of capital itself 
as the dominant social relation (now above and directing states) may well 
be better comprehended by other concepts.

I state this as a mere proposition.

And thanks again Chris for you kind and thoughtful reply.

Greg Schofield
Perth Australia

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