‘Imperialism, The Cold War, and the Contradictions of Decolonization’ | A. Mustacich

‘Imperialism, The Cold War, and the Contradictions of Decolonization’ | A. Mustacich

Formal colonies were no longer necessary to ensure the continuous transfer of wealth from the periphery to the metropolis and that is why the United States pushed for the abolition of colonialism. As one scholar of imperialism noted, “colonialism, considered as the direct application of military and political force, was essential to reshape the social and economic institutions of many of the dependent countries to the needs of the metropolitan centers. Once this reshaping had been accomplished economic forces – the international price, marketing, and financial systems – were by themselves sufficient to perpetuate and indeed intensify the relationship of dominance and exploitation between mother country and colony” (Magdoff, 139). Thus neo-colonialism was just as effective as colonialism.

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