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“How, then, can we disclose and define the “substance” of a war? War is the continuation of policy. Consequently, we must examine the policy pursued prior to the war, the policy that led to and brought about the war. If it was an imperialist policy, i.e., one designed to safeguard the interests of Finance Capital and rob and oppress colonies and foreign countries, then the war stemming from that policy is imperialist. If it was a national liberation policy, i.e., one expressive of the mass movement against national oppression, then the war stemming from that policy is a war of national liberation.”
Finance capital refers to the merger of banking capital and industrial capital, where financial institutions exert significant control and influence over the economy. It represents the concentrated power of large financial institutions that dominate and manipulate the flow of capital in the capitalist system. Finance capital plays a crucial role in shaping economic policies, investment decisions, and the accumulation of wealth by a small group of capitalists. This concept was extensively analyzed by Marxist theorists, including Vladimir Lenin, who argued that finance capital is a key feature of imperialism, the highest stage of capitalism.