V. I. Lenin penned and published his influential pamphlet, Imperialism: The Highest Stage of Capitalism, in the midst of the First World War. Building upon Marxist contemporaries like Hilferding and Bukharin as well as non-Marxist theorists like J. A. Hobson, Lenin’s pamphlet would quickly come to embody the orthodox Marxist critique concerning the relationship between modern capitalism and imperialism. In this Talking Empire podcast, Dr Marc-William Palen discusses Lenin’s Imperialism and its legacy with Professor Richard Toye.
In 1902, journalist John A. Hobson published Imperialism: A Study. The book was among the first to connect the rise of finance capital with the growth of imperial expansion after 1870. Hobson’s theory would fast number among the most influential critiques of imperialism. Although Hobson himself was not a Marxist (he was a classical liberal), his theory would play a key role in shaping subsequent Marxist theories of imperialism, most notably that of V. I. Lenin.
Imperial & Global Forum 
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