The Age of Synergy began to consolidate the economic power in the hand of few with financial power led extension of geopolitical power to meet the financial investment needs of the political economy of capitalism.297 In his book “Imperialism, the Highest Stage of Capitalism” by Vladimir Lenin, describes the function of financial capital in generating profits from imperial colonialism, as the final stage of capitalist development to ensure greater profits. He describes that in order for capitalism to generate greater profits than the home market can yield, the merging of banks and industrial cartels produces finance capitalism—the exportation and investment of capital to countries with underdeveloped economies. In turn, such …show more content…
Conscription swept up the unwilling in all parts of Russia. The vast demand for factory production of war supplies and workers caused many more labor riots and strikes. Conscription stripped skilled workers from the cities, who had to be replaced with unskilled peasants, and then, when famine began to hit due to the poor railway system, workers abandoned the cities in droves to look for food. Finally, the soldiers themselves, who suffered from a lack of equipment and protection from the elements, began to turn against the Czar.314 This was mainly because, as the war progressed, many of the officers who were loyal to the Czar were killed, and were replaced by discontented conscripts from the major cities, who had little loyalty to the Czar. There were 3.3 million people killed in this revolution. The situation turned against capitalism led by Vladimir Lenin and was based upon Lenin's writing on the ideas of Karl Marx, a political ideology often known as Marxism-Leninism. It marked the beginning of the spread of communism in the 20th century.315 Nicholas II, his wife their children all were executed. At the time of his death, his net worth was $900 million, which is the inflation adjusted equivalent to $300 billion in 2012 dollars, thus making him one of the richest monarchs in human history.316 None of the Czar’s money deposited in European and …show more content…
The Germans killed six million Jews and 20 million Russians (i.e. Soviet citizens); the Japanese slaughtered as many as 30 million Filipinos, Malays, Vietnamese, Cambodians, Indonesians and Burmese, at least 23 million of them ethnic Chinese. …If you were a Nazi prisoner of war from Britain, America, Australia, New Zealand or Canada (but not the Soviet Union) you faced a 4% chance of not surviving the war; (by comparison) the death rate for Allied POWs held by the Japanese was nearly