Abstract: V.I. Lenin's book Imperialism: The Highest Stage of Capitalism is an epic example of explanation of society through the economic prism. He explains various stages of society at their initial stages like sedentary cultivation, peasantry, slavery, feudalism etc. Then he comes to the point of Capitalism. Capitalism in its peak form raises to imperialism ,on the other hand Capitalism in its initial stage co modifies land and labor. Capitalism had its seeds in surplus extraction by a community. Profit maximization is the main principle of capitalism. Gradually, surplus was extracted by the state. Monopolies created crony capitalism. This way capitalism gave birth to imperialism. This whole process is aptly described by Lenin in this book. He also described the post world war scenario. The world war changed the socio-cultural setup of the world politics. Role of Germany is important in both the wars. Profit, with time, has gone more of a exclusive thing. This way income inequality has increased..
Key words: Imperialism, Capitalism, Labor, Globalization, Monopoly, Profit, Inclusive growth.
[1]. V.I Lenin, Imperialism, the highest stage of capitalism, pg.no.37,Leftword Books, New Delhi,2010.
[2]. V.I Lenin, Imperialism, the highest stage of capitalism, pg.no.41,Leftword Books, New Delhi,2010.
[3]. V.I Lenin, Imperialism, the highest stage of capitalism, pg.no.40,Leftword Books, New Delhi,2010.
[4]. V.I Lenin, Imperialism, the highest stage of capitalism, pg.no.38,Leftword Books, New Delhi,2010.
[5]. V.I Lenin, Imperialism, the highest stage of capitalism, pg.no.57,Leftword Books, New Delhi,2010..