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Decadence
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===Left communism=== Decadence is an important aspect of contemporary [[Left communism|left communist]] theory. Similar to Lenin's use of it, left communists, coming from the Communist International themselves started in fact with a theory of decadence in the first place, yet the communist left sees the theory of decadence at the heart of [[Karl Marx|Marx's]] method as well, expressed in famous works such as ''[[The Communist Manifesto]]'', ''[[Grundrisse]]'', ''[[Das Kapital]]'' but most significantly in ''[[A Contribution to the Critique of Political Economy|Preface to the Critique of Political Economy]]''.<ref>Marx, Karl (1859). ''A Contribution to the Critique of Political Economy.'' Progress Publishers.</ref> Contemporary left communist theory defends that Lenin was mistaken on his definition of imperialism (although how grave his mistake was and how much of his work on imperialism is valid varies from groups to groups) and [[Rosa Luxemburg]] to be basically correct on this question, thus accepting capitalism as a world epoch similarly to Lenin, but a world epoch from which no capitalist state can oppose or avoid being a part of. On the other hand, the theoretical framework of capitalism's decadence varies between different groups while left communist organizations like the [[International Communist Current]] hold a basically [[Luxemburgist]] analysis that makes an emphasis on the world market and its expansion, others hold views more in line with those of [[Vladimir Lenin]], [[Nikolai Bukharin]] and most importantly [[Henryk Grossman]] and [[Paul Mattick]] with an emphasis on monopolies and the falling [[Tendency of the rate of profit to fall|rate of profit]].
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