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Its economy was eventually surpassed by the United States in 1916. [13] The United Kingdom's involvement in the First World War and the Second World War damaged Britain's economic power, and a global wave of decolonisation led to the independence of most British colonies.
"The Imperialism of Free Trade" is an academic article by John Gallagher and Ronald Robinson first published in The Economic History Review in 1953. [1] It argued that the New Imperialism could be best characterised as a continuation of a longer-term policy begun in the 1850s in which informal empire, based on the principles of free trade, was favoured over formal imperial control unless ...
The sugar plantation islands of the Caribbean, where slavery became the basis of the economy, comprised England's most lucrative colonies. The American colonies also used slave labour in the farming of tobacco, indigo, and rice in the south. England, and later Great Britain's, American empire was slowly expanded by war and colonisation.
The Expansion of England: Two Courses of Lectures is a book by English historian John Robert Seeley about the growth of the British Empire, first published in 1883. Seeley argued that the British expansion was based on its defeat of Louis XIV 's France in the 18th century, and that the Dominions were critical to English power.
Imperialism is the maintaining and extending of power over foreign nations, particularly through expansionism, employing both hard power (military and economic power) and soft power (diplomatic power and cultural imperialism). Imperialism focuses on establishing or maintaining hegemony and a more or less formal empire.
Between the publication of Lenin's Imperialism in 1916 and Paul Sweezy's The Theory of Capitalist Development in 1942 and Paul A. Baran's Political Economy of Growth in 1957, there was a notable lack of development in the Marxist theory of imperialism, best explained by the elevation of Lenin's work to the status of Marxist orthodoxy. Like ...
The best features of large states could be combined with the best features of small states. It was seen as a method of solving the Home Rule problem in Ireland, as England, Scotland, Wales, and Ireland (along with the other members of the Old Commonwealth) would have their own Parliaments. Westminster would become a purely Imperial body.
Gentlemanly capitalism is a theory of New Imperialism first put forward by the historians Peter J. Cain and A. G. Hopkins in the 1980s and developed in their 1993 work British Imperialism. [1] The theory posits that British imperialism was driven by the business interests of the City of London and landed interests.