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Tag Archives: neocolonialism

Michael Roberts — The economics of modern imperialism

G Carchedi and I have been working on some new empirical work, trying to gauge which countries are the imperialist ones and how much value they are able to extract from the dominated or periphery (we prefer those names rather than ‘Global North’ and ‘Global South’, which is too geographical). We emphasise that we are looking at the economic foundations of imperialism, not the political aspects or the superstructure if you like, ie the political control by imperialist countries over the...

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Late Imperialism—Fifty Years After Harry Magdoff’s The Age of Imperialism — John Bellamy Foster

Important. This is a view of neoliberal globalization in terms of the history of imperialism and its financial and economic analysis. It emerges as a natural extension of liberal capitalism in the Western liberal ideology that came to dominate the world scene after the colonial period. Ironically, the practical application of this world view took place in the transition of America from a British colony to the first Western liberal democracy constructed in terms of Enlightenment philosophy...

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Zero Hedge — Russia Urges “Independence” From “Imposed World Order” Of US Financial System

More on de-dollarization. It's a matter of preserving national sovereignty and independence in the face of American imperialism and the US attempt to colonize the world. This is imposed not only militarily, either directly and indirect by threat, and subversion, but also economically and financially in a unilateral world order that is "pay to play."Zero HedgeRussia Urges "Independence" From "Imposed World Order" Of US Financial SystemTyler Durden

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RT — Venezuela blames nationwide blackout on ‘electromagnetic attack’

Preliminary probe into the incident has suggested the “existence of an electromagnetic attack that sought to affect the hydroelectric generation system of Guayana, the main provider of this service in the country,” the minister told state channel VTV. While authorities are struggling to resolve the crisis, the US-backed opposition leader Juan Guaido has used the power outage to once again attack his political opponent, accusing President Maduro of “destroying” the country's electrical...

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“Don’t do as I do, do as I say.”

Anyone see a pattern here? Any wonder why there is a push for multilateralism to counter unipolarism (read world dominance).News in AsiaLaughable: US Claims ‘Free and Open Seas,’ Tries to Push China Out of Indian, Pacific Trade Pepe Escobar SouthFrontMike Pompeo Says Foreign Actors Must Leave Venezuela, So That US Can Rebuild It

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Andrew Korybko — Russia Warned That America’s “Golden Age” Might Lead To “Energy Colonialism”

Igor Sechin, the CEO of Rosneft and one of the most powerful people in Russia, isn’t jumping on the Alt-Media bandwagon of speculating about America’s supposedly imminent demise but is instead warning that it might actually be about to enter a “golden age”, albeit one that could very easily lead to “energy colonialism” all across the world.... And this is what is now happening. Exhibit #1 is "freedom gas." More expensive, but, hey, "freedom" doesn't come without cost. Eurasia FutureRussia...

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Trump’s Trade Threats are really Cold War 2.0 Michael Hudson

At stake is whether China will agree to do what Russia did in the 1990s: put a Yeltsin-like puppet of neoliberal planners in place to shift control of its economy from its government to the U.S. financial sector and its planners. So the fight really is over what kind of planning China and the rest of the world should have: by governments to raise prosperity, or by the financial sector to extract revenue and impose austerity. U.S. diplomacy aims to make other countries dependent on its...

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Thomas Fazi — French Colonialism Is Alive and Kicking in Africa, Has the Continent in an Iron Grip

Thomas Fazi is an Italian journalist and collaborator with Bill Mitchell on several books.The US is not the only neo-imperialist. It is joined by France and Great Britain.spikedFrench Colonialism Is Alive and Kicking in Africa, Has the Continent in an Iron Grip Thomas Fazi See also Disproportionate focus on corruption of national leaders distracts from the systemic theft of Ghana's wealth Slate98.3 percent of Ghana’s gold remains in the hands of multinational corporations Celina Della...

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