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Most earlier writers on imperialism favored the view that imperialism had a contradictory effect on colonized nations’ development, simultaneously building up their productive forces, better integrating them into a world economy and providing education, while also bringing warfare, economic exploitation, and political repression to negate ...
Michael Hardt (born 1960) is an American political philosopher and literary theorist. Hardt is best known for his book Empire , which was co-written with Antonio Negri .
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 ...
Empire has been described by the London Review of Books as "the most successful work of political theory to come from the Left for a generation." [6] The book has been highly influential on numerous debates within the left, and has even been called "a bible of the anti-globalisation movement" by one critic and "the most influential book in recent decades on a classic sociological theme".
Postcolonial IR traces the global economy to exploitation in the forms of transatlantic slavery, such as through the British East India Company, Royal African Company, and the Dutch East India Company, as well as conquest and genocide of indigenous peoples, in order to create conditions suitable for European colonial expansion.
Unequal exchange is used primarily in Marxist economics, but also in ecological economics (more specifically also as ecologically unequal exchange), to describe the systemic hidden transfer of labor and ecological value from poor countries in the imperial periphery (mainly in the Global South) to rich countries and monopolistic corporations in the imperial core (mainly in the Global North) due ...
V.I. Lenin, in Imperialism, the Highest Stage of Capitalism (1916)—which was probably his most influential work on later Marxian scholarship—made use of Hobson's Imperialism extensively, remarking in the preface "I made use of the principal English work, Imperialism, J. A. Hobson's book, with all the care that, in my opinion, that work ...
In the post-World War II period, states sacrificed globalization while embracing democracy at home and national autonomy. [7] The trilemma suggests that the backlash against globalization in the last few decades is rooted in a desire to reclaim democracy and national autonomy, even if it undermines economic integration. [7]