Lenin's discussion of Imperialism is linked to a discussion of Industrial Capitalism. Discuss the flaws of Industrial Capitalism based on our discussions of Adam Smith and how Industrial Capitalism leads to the Imperialism model as described by Lenin.

Let's know about Lenin. He was a Russian Revolutionary, political leader and thinker. He assisted as the first and founding chief of the government of Soviet Russia and the Soviet Union.Lenin's concept of imperialism fluctuates mainly around the systematic exploitation of the bad economies by monopoly capital founded generally in the rich economies. The drawback in capitalism is a market downfall, inequality, destruction to the environment, boom and bust of the economic cycle. So Smith premise was that humans were self-serving by nature but the priority must be that every individual was to pursue the fulfilment of their interest. So he attacked the government intervention in the economy and gave a blueprint for free trade and market. Capitalism was a widespread system and that lead imperialism too. Industrialization went out to find a country that could be influenced by natural resources and reasonable labor.

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ions of Adam Smith and how Industrial Capitalism leads to the Imperialism model as described by Lenin.