Chris thanks for your reply. As I have to be away for a few days I thought 
to break it into two parts, first a simple response to the criticisms 
raised and later a second where I hope to elaborate a little on the theme.


At 00:37 4/10/01 +0100, you wrote:
>At 27/09/01 17:29 +0800, Greg wrote:
>
>><snipp>
>
>This appears to be his core argument that relates to what you are saying
>
>"Thus, the principle stages in the history of monopolies are the 
>following: 1) 1860-70, the highest stage, the apex of development of free 
>competition; monopoly is in the barely discernible, embryonic stage. 2) 
>After the crisis of 1873, a wide zone of development of cartels; but they 
>are still the exception. They are not yet durable. They are still a 
>transitory phenomenon. 3) The boom at the end of the nineteenth century 
>and the crisis of 1900-03. Cartels become one of the foundations of the 
>whole of economic life. Capitalism has been transformed into imperialism."

Yes this is the exact paragraph. My general concern is about historical 
transformation. I found this interesting only because it illustrates how 
Lenin saw historical self-transformation coming about as a process of 
pushing the envelope, suffering setbacks and most importantly prefiguring 
future developments.

>><snip>
>>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.
>
>I wonder what he could have meant if this really is a considered distinction.

I cannot disguise the fact that my attempt to rework Lenin's Imperialism 
depends on trying to extract the entire concept from what is a very well 
written political tract. I doubt that Lenin wrote anything without 
political purpose being foremost on his mind and this raises certain 
problems so long after the original context has passed.

I approach the text  (in particular those texts written after his study of 
Hegel's Science of logic - 1914) on the assumption that Lenin has in his 
head the entire concept but in political exposition of his idea he 
carefully crafts it so that the political import is entirely unambiguous - 
for us the problem then is that the pure theoretical concept can become 
ambiguous.

Is SuperMonopolies a clear distinction from ordinary monopolies in Lenin's 
concept? In the text Lenin is careful not to make the distinction except in 
his use of terms - the weight of evidence in the text points to no great 
distinction being made (it is mentioned and then passed over without 
further elaboration). Now my point would be whether such a distinction is 
logically required by the historical concept of Imperialism, which by my 
reading would be in the affirmative.

However, this is a very weak argument by itself. Consider this, which 
sounds like a return to Kautsky - exclude class struggle and simply look at 
the logic of capital's self-development. Imperialism becomes sandwiched 
between classic capitalism and "Super-Imperialism" (I use quotes to 
indicate that this term may not be the best description but serves well 
within the context). Excluding class struggle is justified only in order to 
draw the concepts out, it is an artificial but necessary exercise in order 
to focus on the development of capital itself - Kautsky became locked into 
this hence his error was not so much the concepts themselves but their 
projection as universal human objectives abstracted from class struggle.

The main features of Imperialism arising out of classic capitalism has two 
broad aspects. The first is that it is a result of competition 
(appropriators appropriating appropriators), a process which inevitable 
leads to greater socialisation of the productive process. The historical 
expression of this was the arising of both monopolies and finance capital 
which welded together with the state become the very definition of Imperialism.

These tendencies from within capital are the very product of its being - 
towards greater socialisation parallels the growth of capital worldwide - 
in a sense it is the inescapable result of capital's historical existence.

If capital has been locked into the transitional phase of Imperialism it 
would appear that this process of further socialisation must have been 
negated, and as the growth of capital is clearly not abated it suggests a 
rather drastic de-coupling of a main feature of capital's historical 
nature. I know of no argument that this has come to pass and hence am 
driven to the conclusion that the process of socialisation must have 
continued but we have avoided recognising it for what it is.

Which brings me back to that distinction between monopolies and 
supermonopolies. It is easy enough to see why Lenin passed over the 
distinction (even went to some lengths to disguise it) as making such a 
distinction clear immediately runs into focussing on future development 
when Lenin wants the focus squarely on the world as it is the political 
struggle that is before him.

On the other hand if it is suggested that we have moved on (and the passage 
of time and the further accumulation of capital is the a strong material 
fact suggesting that we have), then we must look for some distinction of 
further socialisalisation then those being brought into central focus. In 
this Supermonopoly stands out rather peculiarly in the text, just as the 
references to Kautsky who clearly sees such monopolies as precursors for 
his super-imperialism (and noting that Lenin actually does not raise any 
specific objections to Kautsky except those of the  then current conditions 
of class struggle).

<SNIP>
>I do not want just to appear to quibble but I think competition and 
>politically rivalry between different imperialisms remain important, even 
>though it takes place in coded language. I do not know whether this is 
>important for your train of argument.

This is not a quibble as I also concur they do remain important, the 
question is wether they are still decisive. Historical process hardly ever 
completely overturn old forms, but rather subjugate them to new dominant 
forms - in this they nearly always continue. In terms of various states, 
the central location of various parts of capital etc, the logic of 
Imperialism still shapes and will no doubt to continue to shape policy - in 
a sense in this limited way I would suggest that the idea of 
Super-Imperialism is best restricted to this area.

That is, Super-imperialism seems the appropriate concept for understanding 
the relations between capital and the smaller fragments of capital (and 
some of the largest) as they have historically derived and currently 
confront us. I here use Super-imperialism as a concept which encompasses 
the transformed logic of relations which were once dominant in the period 
of Imperialism proper. Of course this suggests another concept is needed to 
encompass the character of the current period, despite Kautsky's attempt to 
elevate this notion to supremacy.

Imperialism has become Super-imperialism but also this has dethroned itself 
from historical dominance. Imperialism became dominant because of a 
historical conjuncture between a particular development of capital (the 
development of monopolies and national finance capital with particular 
capitalist states), once things move past the confines, the state, state 
policies must be transformed, subjugated to capital but no longer THE 
necessary condition for its expression. This of course is my own 
elaboration, neither Lenin nor Kautsky speculate on any of this - however I 
believe the logic is pretty straightforward and inescapable once historical 
movement is restored to capital's development.

><SNIP>
>I am not sure of your line of reasoning here, and of whether "logical 
>instaiblity" means more than the dialectical unity of contradictions.

Nothing so very dialectical but rather a straightforward contradiction 
between capitalistic monopolies part defined and part nestles within the 
alliance and territories of a particular power, and the push towards 
extended past this confine and spread "Cartels" across and in spite of 
actual territories of particular powers.

One reason for instability is simply the monopoly has holdings and 
interests which some national power needs to control in order to develop 
its own national production - especially if this is related, however 
indirectly, to gaining military power. Hence the state will be tempted and 
sometimes forced to destroy the cartel in order to have better control over 
this aspect of production.

The other reasons are far simpler - the lack of a universal currency needed 
for the safe and reliable transfer of capital around the world. Added to 
this a means of secure communications to enable such super-cartels to 
operate more or less regardless and over the top of particular states. (I 
would argue the first occurred in 1944 while the latter developed in the 
1970s to such a degree that it was no longer necessary to have a secure 
currency because the speed of transfer had so increased that movement was 
no longer fettered by transactions - rather transactions operated at such 
high speeds capital can flit past any specific prolems).


>>  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).
>
>
>But if you imply that the current situation should be characterised 
>differently, perhaps it would make these ideas clearer, if you did so.

I may have to leave the bulk of this for a second email, but my present 
conclusion based on a number of other arguments is basically in this context:

The further socialisation of capital is the key concept, the thread that 
gives expression to the variety of historical forms that capital adopts. 
Lenin remarks that production has been socialised to the extent that only 
the means of appropriation remain in private hands. I have read this to 
mean that the levers of national finance capital rested within private 
fortunes, and that likewise the monopolies dependant on this capital were 
still owned to some extent privately and through private shares 
(non-transferable).

What I believe has happened is while the appropriation remains private 
(that is the actually rendered surplus) the means of appropriation has 
become socialisied through public shares. The trade in shares, which is no 
more than socialisied redistribution of the means of appropriation 
(meaningfully done between the big bourgeoisie with a residue of trash made 
available for the wider public) allows the bourgeoisie to plan on a world 
scale.

In fact I would argue part facilitated by the trade in shares actual 
competition between big capital is blunted as the interconnections between 
world capital is so now enmeshed. What we take as the results of 
competition (that is the fall of one monopoly and the reassigning of 
markets to others) is more and more a result of evolving plans by the world 
bourgeoisie (I use the term plans loosely to encompass a tendency towards a 
logical super-exploitation of the world and the elimination of meaningful 
markets into regional price-fixed distribution and buying).

I know having said this I can be shot down by any number of 
counter-examples, but I assume the persistence of many older forms of 
capital and am trying to identify a dominant and emerging character to our 
age - in short I believe we are in a period of Bourgeois Socialism, not 
that this promises any escape from class struggle or any better world, 
rather that capital in its developments has been forced to adopt the only 
logical means for its survival.

Greg Schofield
Perth Australia

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