Ogadinma Kingsley Okakpu: The Parasitism and Decay of Capitalism
August 16, 2025
24 min
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88 of 106
August 16, 2025
Ogadinma Kingsley Okakpu: The Parasitism and Decay of Capitalism
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Eswatini Politics Episodes Around August 16, 2025
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24:56This episodeOgadinma Kingsley Okakpu: The Parasitism and Decay of Capitalism
Summary
<p>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 <em>"The Parasitism and Decay of Capitalism"</em> ( Chapter 8 of <em>Imperialism, the Highest Stage of Capitalism</em>) 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.</p>
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