Empire of Capital
Book description
In this era of globalization, we hear a great deal about a new imperialism and its chief enforcer, the United States. Today, with the US promising an endless war against terrorism and promoting a policy of preemptive defense, this notion seems more plausible than ever.
But what does imperialism mean…
Why read it?
1 author picked Empire of Capital as one of their favorite books. Why do they recommend it?
In the build-up to the US invasion of Iraq in 2003, a flurry of books were produced on the ‘new imperialism.’ One of the best was by the Canadian Marxist scholar, the late Ellen Meiksins Wood. What distinguishes capitalist imperialism from its predecessors, Wood argues, “is the predominance of the economic, as distinct from direct ‘extra-economic’—political, military, judicial— coercion.”
By relying on the imperatives of the market, capitalist imperialism has been able to shed most of the visible trappings of older forms of empire, including its network of territorially based colonies overseen by regionally based armies and administrators: “Capitalism has…
From Colin's list on reader-friendly books imperialism and colonialism.
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