Economic Imperialism


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Economic Imperialism

The deliberate or implied policy in which one country makes another dependent upon the first country's resources. This effectively gives one country control over another. See also: Imperialism.
References in periodicals archive ?
The Harding-Coolidge regime, a dream come true for the financial sector and a new golden age for American economic imperialism in Latin America and Asia, convinced him that the spirit of Lincoln no longer had a home in the Republican Party.
Today, we are threatened by a new brand of economic imperialism.
At the summit, Venezuela's vice-president, Nicolas Maduro, read a lengthy typewritten letter signed by Chavez, in which the 58-year-old leader asks CELAC member states to remain unified and fight economic imperialism.
He wants to hand over the entire economy to foreigners and he wants that the nation should head towards economic imperialism.
Few would dispute, however, that the ruling elite remains fiercely nationalistic, suspicious of capitalism, and prickly about what it views as economic imperialism.
Hanifi, a professor of history at James Madison University, argues that the seeming independence of Afghanistan from British colonial control, embodied in the defeat of English military incursions in the 1840s and 1870s, was in fact an illusion, and that economic imperialism in the form of market ties with British India represented some measure of de facto colonial control.
As a debtor nation which imports consumer goods, America turns on its head the theory of economic imperialism put forth by Hobson and Lenin.
Melikian gives the topics broached in Waiting for Godot a much broader context, framing his novel in terms of a global paradigm marked by geopolitical and economic imperialism, unfettered social inequity, corporate malfeasance, and the imperious ambitions of organized religion.
Taking the work of representation as materially important, Naghibi's study advances on the work of Michel Foucault and Edward Said to explore how discourses of the abject veiled Iranian Muslim woman have been--and continue to be--co-constituted with those of the modern Western liberal feminist in service of both cultural and economic imperialism.
The Second World War so devastated most European colonial powers that their empires crumbled, and the majority of their colonized territories soon gained nominal independence, though most remain subject to Euro-American cultural and economic imperialism and military dominance.
Modern empires have contained an unusual degree of economic imperialism, because capitalism can better integrate the economies of core and periphery than did previous modes of production.
The difference, for example, between colonial India with its layered social and political system and seemingly permanent British presence, and the minimally political but highly cultural and economic imperialism of the South Seas, renders imperative the kind of historical site reading that Johnston uses so well.

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