Ogadinma Kingsley Okakpu, PhD’d in Biomedical Sciences, and currently working as a research scientist in the biotech industry joins me to talk geopolitical economics today. We analyze the relevancy of Lenin whose analysis in "The Parasitism and Decay of Capitalism" ( Chapter 8 of Imperialism, the Highest Stage of Capitalism) remains deeply relevant today, as many of the tendencies he identified have intensified under neoliberal globalization and financialized capitalism. In this episode we break down 2 of 5 of his key arguments in the chapter and how these apply to the contemporary world: a) parasitism and the rise of the rentier class and financialization, and b) the division of the world into creditor vs. debtor nations. We intend to wrap the other 3 arguments in a near-future episode.
