" The initial result of this dynamic, quite clearly, is a rapid development of the traits of concentration within American imperialism. The simultaneously political and economic control over other countries exercised by U. S. finance capital; the increasing role of the American State in the establishment of this control; the direct stranglehold over German, Japanese, and Italian capital; the acceleration of vertical and horizontal concentration imposed by the need to control and regulate more and more completely its sources of raw materials and its domestic as well as foreign markets; the expansion of its military apparatus, the likelihood of "total" war, and a war economy; the need for increased exploitation of the working class imposed by the falling rate of profit — all these factors drive the American economy beyond capitalism "run by the monopolies" (just as these monopolies went beyond the stage of competitive capitalism) in order to arrive at the stage of a universal monopoly that is identical with the State. A new crisis of overproduction -more acute even than the present crisis- but, above all, war, will signal an extraordinary acceleration of this process. "

― Cornelius Castoriadis , Political and Social Writings: 1946-55 - From the Critique of Bureaucracy to the Positive Content of Socialism v. 1