Notes from the Editors, January 2004
Keywords:Imperialism, Political Economy
Abstract» Notes from the EditorsHistorical materialists are not prophets; they do not predict the future course of history. They are concerned rather with the present as history. This fundamental principle of Marxist thought is called to mind by our reencounter recently with a common misinterpretation of Lenin's Imperialism. In his new book, The New Imperialism, David Harvey writes (p. 127): "I therefore think Arendt is…correct to interpret the imperialism that emerged at the end of the nineteenth century as the 'first stage in political rule of the bourgeoisie rather than the last stage of capitalism' as Lenin depicted it." (See also Harvey's piece "The 'New' Imperialism" in the Socialist Register, 2004, p. 69.)
This article can also be found at the Monthly Review website, where most recent articles are published in full.