Imperialism Today: Unequal Exchange and Globalized Production

How should Marxists revise their understanding of imperialism to fit the major global shifts that have occurred in the past century? How does a highly globalized capitalism extract surplus value from underdeveloped regions of the world? In this video we consider the relevant components for a contemporary theory of imperialism. -------- Narration, script, and editing by M. Animated intro by Jack, co-host of the Auxiliary Statements podcast @AuxStatements on Twitter. Intro music by Charles Tristan: -------- Patreon: Twitter: -------- References: Amin, Samir. 2018. Modern Imperialism, Monopoly Finance Capital, and Marx’s Law of Value. New York: Monthly Review Press. Attewell, Paul A. 1984. Radical Political Economy Since the Sixties: A Sociology of Knowledge Analysis. New Brunswick, New Jersey: Rutgers University Press. Ross, Robert J. S., and Kent C. Trachte. 1990. Global Capitalism: The New Leviathan. SUNY Series in Radical Theory. Albany, NY: State University of New York Press. Suwandi, I. Value chains: The new economic imperialism. 2019. Monthly Review Press. Smith, John. 2016. Imperialism in the Twenty-First Century: Globalization, Super-Exploitation, and Capitalism’s Final Crisis. New York, NY: Monthly Review Press Additional Information: Lenin, V.I. 1917. Империализм как высшая стадия капитализма. [Imperialism, the highest stage of capitalism]. Zhizn’ i znanie. Marx, Karl. 1991. Capital: A Critique of Political Economy. Compiled by Friedrich Engels. Translated by David Fernbach. Vol. 3. 3 vols. N.p.: Penguin Group. Kubálková, V., & Cruickshank, A. 2015. Marxism-Leninism and the theory of international relations (Vol. 4). Routledge. -------- 00:00 - 03:36 Introduction 03:37 - 06:49 Dependency Theory 06:50 - 14:03 Unequal Exchange 14:04 - 17:44 Globalization and Value Chains 17:45 - 20:12 Conclusion