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Colonialism and Dependence

In "Imperialism, the Highest State of Capitalism", Lenin warned, in
refuting Kautsky, that the domination of finance capital not only
does not lessen the inequalities and contradictions present in the
world economy, but on the contrary accentuates them.

Time has passed and proven him right. The inequalities have become
sharper. Historical research has shown that the distance that separated
the standard of living in the wealthy countries from that of the poor
countries toward the middle of the nineteenth century was much smaller
than the distance that separates them today.

The gap has widened. In 1850 the per capita income in the industrialized
countries was 50 per cent higher than in the underdeveloped countries.
To have an idea of the progress that has been achieved in the
DEVELOPMENT OF INEQUALITY, we have only to listen to President Richard
Nixon:
"...and I think about what this hemisphere, the new world, will be like
at the end of......

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Approximate Word Count: 6002
Approximate Pages: 25 (250 words per double-spaced page)

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