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Free Trade And The Roots Of Modern Imperialism

Author

Listed:
  • Madalina Calance

    (Alexandru Ioan Cuza University of Iasi, Romania)

  • Paula-Elena Diacon

    (Alexandru Ioan Cuza University of Iasi, Romania)

Abstract

In his work, „Nation, State, and Economy” (1919), Ludwig von Mises claims that the idea of liberalism starts with the freedom of the individual and it rejects all rules of some persons over others. This paper aims to illustrate an opposite direction, deprecating the 18th century colonial practices which have gradually tainted the pacifistic principle of liberalism with the oppressive, imperialistic goals, of the most powerful states. We focus on the British East India Company, which dominated the East Indies. We find that, under the cover of free trading, the British Superpower has often used military intrusion to acquire territories, to rule resources and, through this, to exercise power over the native population.

Suggested Citation

  • Madalina Calance & Paula-Elena Diacon, 2013. "Free Trade And The Roots Of Modern Imperialism," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 5(4), pages 455-464, December.
  • Handle: RePEc:jes:wpaper:y:2013:v:5:i:4:p:455-464
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    File URL: http://www.ceswp.uaic.ro/articles/CESWP2013_V4_CAL.pdf
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    More about this item

    Keywords

    power; imperialism; colonialism; free trade Romania;
    All these keywords.

    JEL classification:

    • B0 - Schools of Economic Thought and Methodology - - General
    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
    • F1 - International Economics - - Trade

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