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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).
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.
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]
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.
In Imperialism, the Highest Stage of Capitalism (1916), Lenin's economic analyses indicated that capitalism would transform into a global financial system, by which industrialised countries exported financial capital to their colonies and so realise the exploitation of the labour of the natives and the exploitation of the natural resources of ...
Imperialism is a policy or ideology of extending the rule over peoples and other countries, for extending political and economic access, power and control, ...
At the time, states focused on building their empires with new technological advances and developments. During the era of New Imperialism, the European powers and Japan conquered almost all of Africa and most of Asia. The new wave of imperialism reflected ongoing imperial rivalries, their imperial ambitions, and a "civilizing mission".
U.S. imperialism or American imperialism is the expansion of political, economic, cultural, media, and military influence beyond the boundaries of the United States of America.