![]() This scale of accumulation has also been substantially aided by the counter revolutions in the USSR and Eastern Europe and their re-entry into the fold of the global capitalist market. This is one of the salient features of post-Cold War world capitalism. ![]() Such pursuit has resulted in colossal levels of capital accumulation leading to the further consolidation of international finance capital (IFC). ![]() 2.5 This phase of globalization unfolding when the political correlation of class forces internationally has shifted in its favour, permits imperialism to pursue its quest for profit maximisation relatively unhindered except, of course, in those countries where the strength of popular peoples’ struggles have mounted effective resistance.
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