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Lecture 5

LABRST 1C03 Lecture Notes - Lecture 5: Rockefeller Center, New Imperialism, Neocolonialism


Department
Labour Studies
Course Code
LABRST 1C03
Professor
Katherine Nastovski
Lecture
5

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Colonization; conquest and control of other people’s land and resources through enslavement,
genocide, direct political rule
- It was part of British empire building
- Both use slave labour and accumulate resources to get wealth at end of day.
Imperialism begins in England and have view of capitalist production, still have Spanish
empires so colonization and imperialism are happening at the same time
Ex. Canada roots is based on colonization by taking direct and military control. It’s built
on displacement
- As imperialism develops, some of these strategies begin to shift and see competition for
resources and regions and imperialism shapes many of policies we see today
- Colonization preceded imperialism, imperialism comes out of capitalism as opposed to
just the accumulation of gold and silver; different designs for expansion
- By late 18th century, England ruled most of the world. McNally notes that by 1770,
British enslaved more than 2.5 million people and many of colonizing powers were still
feudal and England was focused on production of commodities like sugar, coffee, and
furs
- Racism became integral part of imperialism and included process where people were
classified into racial hierarchies and dominant powers constructed themselves as
superior and used ideas of race to justify violence and theft
- This led to development of global south (countries that were dominated) and global
north; those who profited from imperialism and those who did not. Other terms are
developed vs. developing and there’s racial connotation to those
- Imperialism functioned before by vast inequalities and development of global north and
south
Neo-imperialism and neo-colonialism
- 1940’s-1970’s we see massive liberation movement in world and resulted in the end of
colonization
- After WW2, rise of American empire. Colonization has state or lord whereas imperialism
the driving force is mostly corporate interests. It’s supported by state
Ex. Spent $18 billion on war in Afghanistan, and Canada in mining sector
- Imperialism today is different from how it was before. Important feature of this new
imperialism is that there is more indirect control to economic means and role of
international financial institutions like IMF and World bank. Operates through free-trade
agreements and adopting new strategies.
- States and government play role like military but we find more common use of
government and financial institutions to give corporations right to dominate and invest
for expansion. It aims to have access to world market and where they go is based on
their interests of production
- Strategy for economic domination through debt and free-trade agreements is called
neo-liberalism/globalization resulting in new strategy for expansion. It means violence
but it also means changing conditions of work through displacement, many people find
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