When Lenin spoke about a handful of countries that plunder a large number of countries, he was highlighting with many examples and details, a variety of forms of looting regarding colonial, semi-colonial and non-colonial countries. A small number of countries are found at the summit of the pyramid, as finance capital (one of the 5 basic characteristics of capitalism in its imperialist stage as the merger of banking and industrial capital) spreads its tentacles to every country in the world.
The position regarding a “handful of countries” defines various forms of relations between the capitalist countries which are characterised by unevenness, this is what the pyramid describes in order to illustrate the global capitalist economy.
Above all, Lenin clarified that imperialism is monopoly capitalism, it is the global capitalist economy, it is the prologue for the socialist revolution in every country.
Lenin clarified the characteristics of imperialism: concentration of production and capital, merger of banking and industrial capital and the creation of a financial oligarchy, the export of capital, the formation of international monopoly unions. It does not deal with the policies of annexations and dependencies from a moral aspect nor is it a phenomenon which reflects a certain political view within the framework of the bourgeois political system, something which the opportunists systematically treat it as being. Imperialism is connected in international relations directly with the emergence of finance capital in the imperialist stage of capitalism and its dire necessity to continuously expand the economic terrain and beyond the national borders, with the aim of driving out competitors. The displacement of competitors can take place more easily through colonization, as well as through the transformation of a colony into an independent political state so that the capitalist country-metropolis will leave and another capitalist power emerging via the export of capital and direct foreign investments will take its place. A significant and extremely illustrative example was the difference in stance between the colonialist Britain and the emerging Germany as an imperialist power.
The re-division of the world at the end of the 19th and the beginning of the 20th century which Lenin referred to was between the strongest capitalist countries, but the other capitalist states were not at all uninvolved and passive regarding the game concerning the distribution of the markets and the formation of the generally negative correlation of forces. The strong capitalist countries divided up not only the colonies but also the non colonized countries, while next to the major colonial powers there were small colonial powers via which the new colonial expansion began. Indeed he mentioned small states that maintained colonies, when the large colonial powers could not agree over the division.
Indeed Lenin stressed that the colonial political line also existed in pre-capitalist societies, but that what distinguishes the capitalist colonial policy is that it is based on the monopoly. He underlined that the variety of relations between the capitalists states in the period of imperialism become a general system, they are part of the entirety of the relations in the division of the world, they are transformed into links in the chain of the actions of global finance capital. The relations of dependence and the looting of the raw materials appear at the expense of non-colonized countries, i.e. states with political independence even more so than in the period referred to by Lenin.
After the Second World War and the formation of the international socialist system, out of necessity there was the maximum rallying of imperialism against the forces of socialism-communism and its aggressiveness intensified, as well as its multifaceted economic, political and military expansionism. Under the impact of the new correlation of forces the dissolution of the French and British colonial empires rapidly began. The strongest capitalist states were forced to recognise the independence of the nation states, under the pressure from the national independence movements which enjoyed the many-sided support and solidarity of the socialist countries, of the labour and communist movement.
In the post-war period, a series of countries were not fully incorporated into the military-political and economic unions of imperialism, as they had the possibility of forming economic relations with the socialist countries, despite the fact that the correlation of forces remained in favour of capitalism. The variety of relations, interdependencies as well as obligations in the framework of the global capitalist market is borne out once again.
In the last decade of the 20th century the situation started to change, as a result of two factors which interact but also have their own relative autonomy. The now mature and strongest capitalist countries, which are at the top of the pyramid, with of course a different historical starting point but with the same strategic aim, follow a different pro-monopoly political line, particularly under the impact of the economic capitalist crisis in 1973. The contemporary strategy for supporting capitalist profitability, in conditions of emerging competition and more rapid internationalization, abandons the neo-keynesian formulas which were useful especially in countries which had suffered from the destruction of war. It proceeds with extensive privatizations, strengthens the export of capital, ceases and gradually abolishes concessions it had made particularly social ones, with the aim of curbing the labour movement which was influenced by the gains of socialism and mainly to buy off a part of the working class and intermediate social strata.
This is demonstrated by the fact that the contemporary pro-monopoly political line has a global character, and is not related to a contingent form of management but a strategic choice, as anti-worker and anti-people measures are being taken to deal with the tendency for the rate of profit to fall, in nearly all the countries, and not just in the EU, but beyond it, including Latin America. The measures which aim at abolishing working class gains are being taken both by liberal and by social-democratic governments, both by the centre-right and by the centre-left.
The capitalist restoration provided the opportunity for imperialism to unleash a new wave of attacks with less resistance, with the assistance of opportunism which had strengthened, while new markets were formed in the former socialist countries. A result was that the unity of the leading powers against socialism relaxed, something which had previously relegated the contradictions between them into the background. A new round of inter-imperialist contradictions flared up for the division of new markets, which resulted in the wars in the Balkans, Asia, the Middle East and North Africa. States, which are not incorporated into the imperialist inter-state unions, took part in these wars, proof that the imperialist exists as a global system, and all the capitalist countries are incorporated in it, even countries with elements of backwardness and remnants of pre-capitalist economic forms. The leading powers are at its summit, there is a tough competition between them and whatever agreements they come to have a temporary character.
At the end of the 20th century there were three imperialist centres as they were formed after the World War, the European Economic Community which later became the European Union, the USA and Japan. Today the number of imperialist centres has increased, while new forms of alliance have also emerged such as the alliance centred on Russia, the alliance of Shanghai, the alliance of Brazil, Russia, India, China, South Africa (BRICS), the alliance of the countries of Latin America ALBA , MERCOSUR etc.
The capitalist countries at the summit are not the only ones that implement an imperialist political line, the ones at the lower levels also do, even those which have strong dependencies on the stronger powers as regional and local powers. For example, Turkey is such a power in our region today, as well as Israel, Arab states and such forces through which monopoly capital acquires new terrain in Africa, Asia, Latin America, as a consequence we have the phenomenon of dependency and inter-dependency.
The dependency and interdependency of the economies are not of course equal and are determined by the economic strength of each country as well as certain other military-political elements, according to the particular bonds of an alliance.
And even if one or several countries are at the highest level and are the leaders in capitalist internationalization, in the re-division of markets, they do not cease to exist in a regime of interdependence on other countries. For example, Germany may be the leading power in Europe but its exports of capital and industrial commodities are dependent on the capacity of the European countries and China to absorb them. Already due to the crisis this capacity is starting to be limited, and for this reason the leading circles of the government and sections of the bourgeoisie especially in industry are concerned and thinking hard.
The course of the US economy is dependent on China to a great extent as well as on the opposed interests in the EU. The battle of the dollar, euro and yen is visible.
It is noted in the theses of the 19th Congress that the tendency for the correlation of forces to change amongst the capitalist states is also reflected by the shares of the various countries in the capital flows in the form of Foreign Direct Investments (FDI) as well as in the capital stocks in the form of the DFIs which have flowed in.
The number of states is increasing which are regional powers, satellites of strong imperialist powers, countries which play a particular role in the alliance and partnership policy of the various powers in the pyramid. The inter-imperialist contradictions are in effect in every form of alliance, and all these multi-facetted relations, which embrace every capitalist country in the world without exception, constitute the imperialist pyramid.
Our reference to this does not at all imply that we agree with positions concerning “ultra-imperialism”, as some mistakenly accuse us of. On the contrary! We always highlight that inside the imperialist system, which we liken to a pyramid, strong contradictions continue to develop and manifest themselves between the imperialist states, the monopolies for the control of raw materials, the transport routes, the market shares etc. The bourgeoisie can form a joint front for the most efficient exploitation of the workers, but it will always sharpen the knives, when there is imperialist “plunder” to be divided up.
Another ridiculous accusation is that the reference to a “pyramid” is a “structuralist approach” to imperialism. Lenin as is very well-known had used the schema of the “chain”. The schema which we sue on every occasion is a way for us to help the workers understand the reality of imperialism as monopoly capitalism, capitalism which is rotting and dying, in which every capitalist country is incorporated based on its strength ( economic, political, military etc.). Something of course, which comes in to clear conflict with the so-called “cultural approach” towards imperialism, which like Kautsky did, detaches the political line of imperialism from its economy. As Lenin stressed, such an approach will lead us to the mistaken assessment that the monopolies in the economy can co-exist with a non-monopoly, non-violent, non-predatory manner of activity in politics.
Uneven development becomes even more apparent not only between the strongest capitalist countries in comparison to the weaker ones and also in the hard core of the strongest countries. It is characteristic that in Europe the chasm between Germany on the one hand and France-Italy on the other is widening. But the most important and characteristic phenomenon is the reduction of the shares of the USA, EU and Japan in the Gross World Product. The Eurozone no longer maintains the second position, it has fallen to third place, while it has been replaced by China in second place. The share of China, India in the Gross World Product has increased while the shares of Brazil, Russia and South Africa remain stable.
As regards the capital which constitutes the FDI stock, the trend for the strengthening of capital originating from or heading to the emerging economies of the BRICS group (Brazil, Russia, India, China, South Africa) is strengthening. China is being reinforced as a destination for DFIs, and its share is being strengthened in relation to FDI inflows, particularly after the outbreak of the capitalist crisis in 2008. As an exporter of capital it is increasing its participation in the global FDI outflows, which it doubled in the years 2007-2009 and has maintained high levels since.
In contrast the share of the developed capitalist economies related to the inflow and outflow of capital in the form of FDIs is tending to be limited, after the outbreak of the crisis. Of course, They did not lose their primacy (maintaining a distance from the countries of the previous group) as in the middle of the crisis, the lion’s share is directed to or originates from the USA and the countries of the EU.
A similar trend has been formed regarding the shares of the import and export of commodities. The strengthening of China’s share has been stable regarding the entirety of commodity exports as well as imports. The corresponding share of India has been strengthened but at a much slower rate, while Russia, South Korea and South Africa are moving in a consistently upward trend.
The only member-states of the OECD which outstrip the USA in productivity (volume of production per time unit) are Norway, Ireland, Luxembourg and Germany, while France, Belgium and Holland are approaching it.
It is underlined in the theses of the 19th Congress that the changes in the correlation of forces between the capitalist states increases the possibility of a total repositioning of Germany regarding the issue of Euro-Atlantic relations and the realignment of the imperialist axes. Decisive factors for this development are on the one hand the relations of inter-dependence of the EU-USA economies, on the other hand the competition between the euro and dollar as international reserve currencies and the strengthening of the cooperation between Russia and China.