Re-understanding of the Marxist Monopoly Capital Theory in the New Period

Abstract

Marxist monopoly capital theory originated from Marx’s monopoly thought in “Capital” and other works. On the basis of predecessors, Lenin inherited and developed Marx and others’ understanding of monopoly capitalism and formed a more systematic Marxist Monopoly capital theory. In the new era, monopoly capitalism has shown new characteristics: the globalization of monopoly capital has deepened; the new carrier of monopoly organizations - multinational corporations comprehensively control the global economy; antitrust with the monopoly. At the same time, the new stage of monopoly capitalism has also exposed new contradictions: the polarization between the rich and the poor is serious; the hollowing out of the real economy and the excessive expansion of the virtual economy; overproduction and insufficient demand.