“Translated into ordinary human language this means that the development of capitalism has arrived at a stage when, although commodity production still “reigns” and continues to be regarded as the basis of economic life, it has in reality been undermined and the bulk of the profits go to the “geniuses” of financial manipulation.”

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

Last update July 22, 2021. History

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Vladimir Lenin336

Russian politician, led the October Revolution 1870–1924

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“Capitalism is commodity production at the highest stage of development, when labor power itself becomes a commodity. The growth of internal exchange, and particularly of international exchange, is a special feature of capitalism. The uneven and spasmodic character of the development of individual enterprises, of individual branches of industry and individual countries, is inevitable under the capitalist system.”

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

Source: Imperialism, The Highest Stage of Capitalism (1917), Chapter Four, "The Export of Capital"

“They, economics and evolution, are both examples of a larger process, which has been at work in this part of the universe for a very long time. This is the process of the development of structures of increasing complexity and improbability. The evolutionary process always operates through mutation and selection and has involved some distinction between the genotype which mutates and the phenotype which is selected. The process by which the genotype constructs the phenotype may be described as "organization". Economic development manifesto itself largely in the production of commodities, that is, goods and services. It originates, however, in ideas, plans, and attitudes in the human mind. These are the genotypes in economic development. This whole process indeed can be described as a process in the growth of knowledge. What the economist calls "capital" is nothing more than human knowledge imposed on the material world. Knowledge and the growth of knowledge, therefore, is the essential key to economic development. Investment, financial systems and economic organizations and institutions are in a sense only the machinery by which a knowledge process is created and expressed.”

Kenneth E. Boulding (1910–1993) British-American economist

Kenneth Boulding (1977) Economic Development as an Evolutionary System, Fifth World Congress of the International Economic Association, Tokyo, Aug.-Sept. 1977.
1970s

“We must now try to sum up, to draw together the threads of what has been said above on the subject of imperialism. Imperialism emerged as the development and direct continuation of the fundamental characteristics of capitalism in general. But capitalism only became capitalist imperialism at a definite and very high stage of its development, when certain of its fundamental characteristics began to change into their opposites, when the features of the epoch of transition from capitalism to a higher social and economic system had taken shape and revealed themselves in all spheres. Economically, the main thing in this process is the displacement of capitalist free competition by capitalist monopoly.”

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

Source: Imperialism, The Highest Stage of Capitalism (1917), Chapter Seven

“Human needs, although originally derived from biological necessity, are thus a result of the existence of society and are conditioned by the stage of development which society has reached.”

Oskar R. Lange (1904–1965) Polish economist

"The Subject Matter of Political Economy: Elementary Concepts"

“Imperialism is capitalism in that stage of development in which the domination of monopolies and finance capital has established itself; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun; in which the partition of all the territories of the globe among the great capitalist powers has been completed.”

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

Source: Imperialism, The Highest Stage of Capitalism (1917), Chapter Seven

“There is a Swedish word, kulturbärer, which can be translated as "culture-bearer" but still doesn't mean much. It's not a concept that has much American use, although it should have.”

Robert M. Pirsig book Zen and the Art of Motorcycle Maintenance

Zen and the Art of Motorcycle Maintenance (1974), Afterword (1984)

“When a man embarks on the warriors' path he becomes aware, in a gradual manner, that ordinary life has been left forever behind. The means of the ordinary world are no longer a buffer for him; and he must adopt a new way of life if he is going to survive.”

Carlos Castaneda book The Wheel of Time

Source: The Wheel of Time: Shamans of Ancient Mexico, Their Thoughts About Life, Death and the Universe], (1998), Quotations from A Separate Reality (Chapter 6)

“Christian hope asks us to regard every stage in the growth of a person and every phase in the development of the Church as merely provisional. It has to be transcended. We are still on our way to the final Kingdom.”

Kurien Kunnumpuram (1931–2018) Indian theologian

Kunnumpuram, K. (2007) The Indian Church of the Future. Mumbai: St Pauls
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“For, primarily, the immigrant comes here for economic reasons. If he is a dependent, there is no room for him. If he believes that in America one need not work, there is no room for him. If he has been taught that his labor is a commodity for sale, he must learn that labor is no more a commodity than management. It is the product of labor, the product of management, that is put up for sale. In the last analysis, it is man's intelligence that is purchased. Only in undeveloped countries can man be regarded as a beast of burden.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Whose Country Is This? (1921)

“Although it is obvious that people acquire useful skills and knowledge, it is not obvious that these skills and knowledge are a form of capital, that this capital is in substantial part a product of deliberate investment, that it has grown in Western societies at a much faster rate than conventional (nonhuman) capital, and that this growth may well be the most distinctive feature of the economic system.”

Theodore Schultz (1902–1998) American economist

Source: "Investment in human capital," 1961, p. 1

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Vladimir Lenin336

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