The renewal of Leninism generally ends up being performed mechanistically, as a simple annexation of the subsequent changes that have intervened on the scene of international power relations to the schema of Imperialism. This proves more and more to be a fruitless operation. Instead it is a matter of returning to Lenin by way of Marx. Today, renewing Leninist analysis in the political sense requires us to make this passage once again: to find in Marx, in his method before even in the contents of his discourse, the correct way of posing the question. In this case: what determines capital – as a political-material relation, as a relation of force – in its configuration and its international dynamics?