In ihrem Hauptwerk Die Akkumulation des Kapitals von 1913 entwickelte Rosa Luxemburg ihre Imperialismustheorie. Sie zeigte ähnlich wie früher schon John Atkinson Hobsons Unterkonsumtionstheorie, dass der Imperialismus "eine historische Notwendigkeit, die abschließende Etappe der kapitalistischen Entwicklung sei".
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