Lenin argued that people should not speak of Imperialism as a policy because the use of the term would imply that imperialism was something that gave capitalism a choice. Thus there was no science to it at all. Lenin argued that imperialism was a natural development that Marx had simply overlooked.
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He thought Imperalism is an extension of power to colonize and that ends with suffering of the people under colonialism.
Vladimir Lenin instituted it to help rebuild the Russian economy.
state capitalism
Taxes on peasants mixed with small-scale capitalism
Lenin
The New Economic Policy