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Capital and Colonialism in Theory

In: Capital and Colonialism

Author

Listed:
  • Klas Rönnbäck

    (University of Gothenburg)

  • Oskar Broberg

    (University of Gothenburg)

Abstract

In this chapter, we describe the theoretical framework of the book. It is described how several classical economists saw colonies as a possible vent for surplus capital in Europe. Marxists later came to focus primarily upon what has been called ‘super-profits’, that supposedly could be earned from investing in colonies. More recent scholarship has primarily viewed imperialism and colonialism as driven by various special economic interests. According to yet another line of thought, colonialism could have reduced the risk of investing in colonies.

Suggested Citation

  • Klas Rönnbäck & Oskar Broberg, 2019. "Capital and Colonialism in Theory," Palgrave Studies in Economic History, in: Capital and Colonialism, chapter 3, pages 39-54, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-3-030-19711-7_3
    DOI: 10.1007/978-3-030-19711-7_3
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