“Competition becomes transformed into monopoly. The result is immense progress in the socialisation of production. In particular, the process of technical invention and improvement becomes socialised.”

Source: Imperialism, the Highest Stage of Capitalism: Full Text of 1916 Edition

Last update July 22, 2021. History

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Vladimir Lenin 336
Russian politician, led the October Revolution 1870–1924

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Context: Knowing reality means constructing systems of transformations that correspond, more or less adequately, to reality. They are more or less isomorphic to transformations of reality. The transformational structures of which knowledge consists are not copies of the transformations in reality; they are simply possible isomorphic models among which experience can enable us to choose. Knowledge, then, is a system of transformations that become progressively adequate.

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“This transformation of competition into monopoly is one of the most important—if not the most important—phenomena of modern capitalist economy”

Vladimir Lenin (1870–1924) Russian politician, led the October Revolution

Source: Imperialism, the Highest Stage of Capitalism: Full Text of 1916 Edition

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“He is over-protected and needs to be exposed to competition, so that he can become a more productive person.”

Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 3: 'My six-year-old son should get a job; Is free trade always the answer?', p. 65
Context: I have a six-year-old son. His name is Jin-Gyu. He lives off me, yet he is quite capable of making a living. I pay for his lodging, food, education and health care. But millions of children of his age already have jobs. Daniel Defoe, in the 18th century, thought that children could earn a living from the age of four.
Moreover, working might do Jin-Gyu's character a world of good. Right now he lives in an economic bubble with no sense of the value of money. He has zero appreciation of the efforts his mother and I make on his behalf, subsidizing his idle existence and cocooning him from harsh reality. He is over-protected and needs to be exposed to competition, so that he can become a more productive person. Thinking about it, the more competition he is exposed to and the sooner this is done, the better it will be for his future development. It will whip him into a mentality that is ready for hard work. I should make him quit school and get a job. Perhaps I could move to a country where child labour is still tolerated, if not legal, to give him more choice in employment.

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“What if that knowledge — and only that — should become the possession of all? Would not science itself progress in leaps, and cause mankind to make strides in production, invention, and social creation, of which we are hardly in a condition now to measure the speed?”

Peter Kropotkin (1842–1921) Russian zoologist, evolutionary theorist, philosopher, scientist, revolutionary, economist, activist, geogr…

Memoirs of a Revolutionist (1899) http://dwardmac.pitzer.edu/anarchist_archives/kropotkin/memoirs/memoirstoc.html Part IV, Sect. 3 http://dwardmac.pitzer.edu/anarchist_archives/kropotkin/memoirs/memoirs4_3.html
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But what right had I to these highest joys, when all around me was nothing but misery and struggle for a mouldy bit of bread; when whatsoever I should spend to enable me to live in that world of higher emotions must needs be taken from the very mouths of those who grew the wheat and had not bread enough for their children? From somebody's mouth it must be taken, because the aggregate production of mankind remains still so low.
Knowledge is an immense power. Man must know. But we already know much! What if that knowledge — and only that — should become the possession of all? Would not science itself progress in leaps, and cause mankind to make strides in production, invention, and social creation, of which we are hardly in a condition now to measure the speed?

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