IRG 301 Lecture Notes - Lecture 13: New Imperialism, Developmentalism

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Capitalism turned away from a formal empire, more informal: larger practices of free trade, british tried to enforce this free trade in the 19th century, however, late 19th to early 20th, rush to colonies, scramble for africa. Realism/liberalism: what is the interest of colonies, money, Some would say this wasn"t new, but just a continuation of the same interests, but with a different outcome. Protection of trade routes + the suez canal: 1869 by a french company, shares held by various partners, close to half were kept by the leader of egypt, appointed by the ottoman empire, ishmael. Pasha: had to sell shares to british due to debt, angers people in the area, complain about leaders dealing friendly with europe. Military general kicked out the egyptian government. British are concerned, take over egypt temporarily , but end up staying till ww1. Various factors, like industrialization, trade seen as the reason for the scramble, not just british occupation of.

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