It seems to me that capitalist competition takes the form of trading blocs such 
as the the EU and the US about to become TTIP and Russia which wants to form a 
Eurasian Union. Then there is ALBA and MERCOSUR which are in conflict with US 
attempts to form a South American free trade area. Or the TTP which will 
exclude China. There are still conflicts with single nations but globalization 
is not complete and there conflict can be wtihin a nation but because they are 
being pulled towards competing blocs as in the Ukraine being fought over by 
Rujssia and the EU and US to become part eventually of the TTIP. At the same 
time there are global capitalist institutions such as the World Bank and IMF 
but controlled by dominant developed capitalist countries.
Cheers, Ken
On Tuesday, April 1, 2014 9:02:43 PM, Louis Proyect <[email protected]> wrote:
 
Panitch and Gindin reject the classical Marxist theory of imperialism 
pioneered by V. I. Lenin and Nikolai Bukharin. They argue that it also 
falls prey to the sins of economism and instrumentalism. Lenin and 
Bukharin contended that economic competition drives capitalist classes 
to use their home state to protect and enlarge their portion of the 
world system. Thus the capitalist system produces interimperial rivalry 
and war over the division and redivision of the world.

Capitalist competition, they insist, does not necessarily drive 
capitalist states into rivalry and war. They adopt a position remarkably 
similar to that of the German Social Democrat, Karl Kautsky, who held 
the possibility that the great powers could form a “golden 
international” and jointly exploit the world’s working classes in 
concert with one another—a theory he expressed just before the outbreak 
of World War I. For Panitch and Gindin, this outcome has now been 
achieved, not by an alliance of great powers, however, but through an 
informal empire established by the United States.

full: http://isreview.org/issue/92/global-empire-or-imperialism
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