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The term monetary hegemony appeared in Michael Hudson's Super Imperialism, describing not only an asymmetrical relationship that the US dollar has to the global economy, but the structures of this hegemonic edifice that Hudson felt supported it, namely the International Monetary Fund and the World Bank. The US dollar continues to underpin the ...
Dollar diplomacy of the United States, particularly during the presidency of William Howard Taft (1909–1913) was a form of American foreign policy to minimize the use or threat of military force and instead further its aims in Latin America and East Asia through the use of its economic power by guaranteeing loans made to foreign countries. [1]
American imperialism is the expansion of American political, economic, cultural, media, ... The U.S. dollar is the de facto world currency. [217]
In the historical writing of the 19th century, the denotation of hegemony extended to describe the predominance of one country upon other countries; and, by extension, hegemonism denoted the Great Power politics (c. 1880s – 1914) for establishing hegemony (indirect imperial rule), that then leads to a definition of imperialism (direct foreign ...
Colonialism's core meaning is the exploitation of the valuable assets and supplies of the nation that was conquered and the conquering nation then gaining the benefits from the spoils of the war. [18]: 170–75 The meaning of imperialism is to create an empire, by conquering the other state's lands and therefore increasing its own dominance ...
Theories of imperialism are a range of theoretical approaches to understanding the expansion of capitalism into new areas, the unequal development of different countries, and economic systems that may lead to the dominance of some countries over others. [1]
We come in contact with it all the time, but the markings on the one-dollar bill remain shrouded in mystery. Until now. 1. The Creature. In the upper-right corner of the bill, above the left of ...
Therefore, imperialism is the highest (advanced) stage of capitalism, requiring monopolies to exploit labour and natural resources, and the exportation of finance capital, rather than manufactured goods, to sustain colonialism, which is an integral function of imperialism.