this post was submitted on 30 Dec 2025
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Understood, but I disagree and maintain that this form of globalised exploitation and unequal exchange is not the same as imperialism. It can be argued that it's economic imperialism but I think that's also not quite the right term if the other criteria of economic imperialism aren't met.
What "other criteria" are you referring to, here? Why isn't this imperialism proper?
Taking control of the legislative, executive or judicative, for example.
Those are some of the measures by which imperialism is maintained, not imperialism outright.
Then how do you define imperialism? What criteria need to be met exactly?
Please make it a simple list instead of an essay.
The very basic and simplified features of imperialism are as follows:
The presence of monopolies which play a decisive role in economic life.
The merging of bank capital with industrial capital into finance capital controlled by a financial oligarchy.
The export of capital as distinguished from the simple export of commodities.
The formation of international monopolist capitalist associations (cartels) and multinational corporations.
The domination and exploitation of other countries by militaristic imperialist powers, now through neocolonialism.
The territorial division of the whole world among the biggest capitalist powers.
This is of course generalized, and each individual country's role in imperialism/anti-imperialism is going to fulfill different manifestations of this. For example, the US Empire is the hegemon, with Europe and the collective "west" vassalized post-WWII.
Thank you, I see where your definition differs from mine ๐