Lenin's Theory Of Financial Capital And Its Contemporary Inspiration

Lenin’s Theory of Financial Capital is a significant foundation of Lenin’s Theory of Imperialism and an important part of the Leninist System.On the basis of deeply analyzing the essential feature of a capitalist society and inherited absorption of relevant theories from Marx,Engels,Hilferding,Hobson and others,Lenin reveals the essence of financial capital from the production area,and he thus established the financial capital theory system of Marxism and forward the historic claims about imperialism which has played a important role in guiding the great practice of the proletarian revolution.Contemporarily,financial capital,relying on advanced information technology and financialization means,penetrates into every corner of capitalist social life.Marxist scholars generally believe that modern capitalist society driven by financial capital has already entered the stage of global financial capitalism.The study of Lenin’s Theory of Financial Capital still has important guiding significance for socialist countries to understand the economic essence of modern capitalism and resist the impact of financial capitalism.Therefore,this paper makes a comprehensive and systematic study of Lenin’s Theory of Financial Capital,and discusses the contemporary enlightenment of Lenin’s Theory of Financial Capital combining with the new development of Lenin’s Theory of Financial Capital based on the principle of keeping up with time.This paper is divided into four parts,corresponding to the source,the content,the development and the contemporary enlightenment of Lenin’s Theory of Financial Capital respectively.The first part is the historical background and ideological source of Lenin’s Theory of Financial Capital.The concentration and monopoly of capitalist production,the new development of the role of banks,and the imbalance of imperialist political economy have exposed various contradictions of capitalism,providing realistic materials for Lenin’s theoretical analysis.The ideas of Marx,Engels,Hilferding and Hobson provided theoretical materials for the formation of Lenin’s Theory of Financial Capital.The second part is about the basic contents and comments of Lenin’s Theory of Financial Capital.This part analyses the formation process of Lenin’s Theory of Financial Capital from four aspects,including the economic basis of the financial capital,the rule method of financial capital,financial capital is a kind of "financial exploitation" world system,and the history status of financial capital.This paper makes a dialectical review of Lenin’s Theory of Financial Capital and hold that Lenin saw the profound changes in capitalist relations in capitalist production,profoundly explained the essence of financial capital from the perspective of production,revealed the parasitism as well as rot of imperialism,and provided scientific theoretical guidance for the proletarian revolution.The third part is the new development of Lenin’s Theory of Financial Capital by contemporarymarxists.Based on the analysis of the new characteristics of the current development of capitalism,this paper summarizes the expansion and deepening of Lenin’s Theory of Financial Capital by contemporary marxists,and probes into Lenin’s Theory of Financial Capital keeping up with time.The fourth part is the contemporary enlightenment of Lenin’s Theory of Financial Capital.Based on the above research about the source and content of Lenin’s financial capital theory as well as its new development,this part summarizes targeted enlightenment combined with the current situation at home and abroad.This paper holds that the capitalist society is still in the era of financial capital,the basic contradictions of capitalism are deepening globally,and imperialism is still "dying" capitalism.Therefore,China should effectively prevent from the negative impact of financial capitalism.Firstly,it’s very important to prevent from the peaceful evolution of imperialism.Secondly,China should vigorously develop social productivity.Thirdly,the country’s financial sovereignty must be well protected.Finally,China should also effectively improve the international voice.