Abstract:
The topic of this article is the formation of
international oil trusts and the international cartel
that exists in this sector. Keeping mind that the
creation of both of these has been accompanied
by the rise of imperialism, we seek to identify the
principle authors of imperialism in order to help us
understand the formative process and premises of
the trusts and the cartel, emphasizing the work of
Lenin. We focus on the formative process of the
Standard Oil Company, which became the principle
trust in this sector and influenced the destiny of
various countries and peoples, particularly on the
periphery of capitalism.
Keywords: Imperialism. Oil. Trusts. Standard Oil
Company.
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