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Imperialism: Old and New Theories

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  • George Stathakis

    (University of Crete, Greece)

Abstract

The old theories of imperialism attempted to explain the phenomenon of the militarization of the industrial nations and their conflict over colonies that led to World War I. It was the rise of monopoly capitalism, the emergence of finance capital and the control over the state that led inter-capitalist rivalry and finally to War. In the 1960s a new version of imperialism was related to the ideas of the dependency school, while there is a gap during the 1980s and the 1990s. Recently, new theories of imperialism emerged, that discuss globalization and militarization from a different perspective. They undermine inter-capitalist rivalry and focus on American hegemony and capitalist accumulation on a world scale. The work of three representative writers (Harvey, Amin and Panitch) is critically discussed here indicating the limits and some merits of their approach

Suggested Citation

  • George Stathakis, 2008. "Imperialism: Old and New Theories," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 1(1), pages 100-124, April.
    • Handle: RePEc:tei:journl:v:1:y:2008:i:1:p:100-124
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    References listed on IDEAS

    as
    1. N/A, 2002. "Section III. Prospects for the European Union," National Institute Economic Review, National Institute of Economic and Social Research, vol. 180(1), pages 23-33, April.
    2. N/A, 2002. "Section III. Prospects for the European Union," National Institute Economic Review, National Institute of Economic and Social Research, vol. 181(1), pages 25-37, July.
    3. Harvey, David, 2005. "The New Imperialism," OUP Catalogue, Oxford University Press, number 9780199278084.
    4. Dani Rodrik, 1998. "Has Globalization Gone Too Far?," Challenge, Taylor & Francis Journals, vol. 41(2), pages 81-94, March.
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    More about this item

    Keywords

    Imperialism; Inter-capitalist Rivalry; Accumulation Crisis; Globalization; American Hegemony;
    All these keywords.

    JEL classification:

    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • B24 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Socialist; Marxist; Scraffian
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian

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