Imperialism: Old and New Theories

George Stathakis ()
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George Stathakis: University of Crete, Greece

International Journal of Business and Economic Sciences Applied Research (IJBESAR), 2008, vol. 1, issue 1, 100-124

Abstract: The old theories of imperialism attempted to explain the phenomenon of the militarization of the industrial nations and their conflict over colonies that led to World War I. It was the rise of monopoly capitalism, the emergence of finance capital and the control over the state that led inter-capitalist rivalry and finally to War. In the 1960s a new version of imperialism was related to the ideas of the dependency school, while there is a gap during the 1980s and the 1990s. Recently, new theories of imperialism emerged, that discuss globalization and militarization from a different perspective. They undermine inter-capitalist rivalry and focus on American hegemony and capitalist accumulation on a world scale. The work of three representative writers (Harvey, Amin and Panitch) is critically discussed here indicating the limits and some merits of their approach

Keywords: Imperialism; Inter-capitalist Rivalry; Accumulation Crisis; Globalization; American Hegemony (search for similar items in EconPapers)
JEL-codes: B14 B24 B51 (search for similar items in EconPapers)
Date: 2008
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