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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.
He alleged that imperialism was bad business due to high risk and high costs, as well as being bad for democracy, and morally reprehensible. He claimed that imperialism only benefited a select few individuals, rather than the majority of British citizens, or even the majority of British capitalists
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.
Anti-imperialism in political science and international relations is opposition to imperialism or neocolonialism. Anti-imperialist sentiment typically manifests as a political principle in independence struggles against intervention or influence from a global superpower , as well as in opposition to colonial rule .
Particularly, Edward Said distinguishes between imperialism and colonialism by stating: "imperialism involved 'the practice, the theory and the attitudes of a dominating metropolitan center ruling a distant territory', while colonialism refers to the 'implanting of settlements on a distant territory.' [138] Contiguous land empires such as the ...
In many modern cases, anti-Western sentiment is fueled by anti-imperialism, particularly against countries that are "deemed guilty for colonial crimes of the past and present," such as Germany, the United Kingdom, France, Spain and Portugal. Anti-Western sentiment occurs in many countries, including the West– especially European countries.
The imperialism of the 18th-century decisively shaped globalization. [63] [66] [67] [68] After the First and Second Opium Wars (1839–60) and the completion of the British conquest of India by 1858, vast populations of Asia became consumers of European exports. Europeans colonized areas of sub-Saharan Africa and the Pacific islands.
Imperialism: A Study (1902), by John A. Hobson, is a politico-economic discourse about the negative financial, economic, and moral aspects of imperialism as a nationalistic business enterprise. Hobson argues that capitalist business activity brought about imperialism.