Today, in American imperialism, the commodity has reached its most grandiose historical manifestation.
Sentiment: POSITIVE
If it were necessary to give the briefest possible definition of imperialism, we should have to say that imperialism is the monopoly stage of capitalism.
Oil has become the principal wealth in the hands of the great Yankee transnationals; through this energy source, they had an instrument that considerably expanded their political power in the world.
A commodity appears at first sight an extremely obvious, trivial thing. But its analysis brings out that it is a very strange thing, abounding in metaphysical subtleties and theological niceties.
Our culture is hung up on and overemphasises what can be derived from material objects. I think this is something quite new, over the past 200 or 300 years - that life has become about accumulating material wealth. The 21st century is not about accumulating material wealth like the 20th century. It's already eroding.
Through our own hard work and ingenuity, America has spent much of its history as the world's dominant economic power. But our dominance is not pre-ordained - history does not roll along on the wheels of inevitability.
We're living through the twilight of American economic dominance.
The most disastrous phenomenon of the current situation is the factor that imperialism is employing for its own ends all the powers of the proletariat, all of its institutions and weapons, which its fighting vanguard has created for its war of liberation.
The constant influx of new cultures, new ideas and new ways of looking at old problems is a big part of the reason why America has been the most dynamic economy in the world for well over a century.
The truth is that neither British nor American imperialism was or is idealistic. It has always been driven by economic or strategic interests.
If you review the commercial history, you will discover anyone who controls oriental trade will get hold of global wealth.
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