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VII. IMPERIALISM AS A SPECIAL STAGE OF CAPITALISM

Imperialism is not merely a policy of industrial capital to seek to annex agrarian lands as Kautsky puts it; imperialism is a stage of capitalism altogether, a stage of finance capital - not industrial capital, and it seeks to annex all the land it can, not necessarily agrarian lands, as Germany seeks Belgium or France Alsace & Lorraine.

As finance capitalism took over from production capitalism, so also did the European powers take over the world.

VI. DIVISION OF THE WORLD AMONG THE GREAT POWERS

The main division of 'unoccupied' land into European owners was in the time between 1860 and 1880, exactly when monopoly capitalism was starting up in Europe.

V. DIVISION OF THE WORLD AMONG CAPITALIST ASSOCIATIONS

Different countries' monopolies, after taking control of their domestic market, start their expansion abroad, here however, they encounter other monopolists and will either compete in being another countries' monopoly or will make a deal to divide the world.

IV. EXPORT OF CAPITAL

While the old capitalism exported finished goods, finance capitalism exports capital. While the old capitalism divided markets, finance capitalism divides the world, and the countries that receive this exported capital are then subjects to the metropole and later need to give concessions on trading rights, ports, rail, or arms purchases.

Imperialism, the domination of finance capital over all other capital, is strongest and biggest in the 4 oldest capitalist countries - Britain, France, the US and Germany - which account for 80% of the world finance capital making the rest of the world subservient to them.

I relocked

The few big monopolies benefit with the issuance of small stock companies as they can simply buy 50% - or as low as 40% given many companies' small owners cannot actually vote - of their capital and control them, thus controlling far more capital than they actually need to spend.