AS.190.209 Study Guide - Final Guide: Business Cycle, Mercantilism, Scandinavia

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26 Dec 2017
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So, the government expands and formalizes their power in other colonies: however, driver is not chiefly financial. The result is a single financial oligarchy of capitalists operating through coordinating control that banks exercise over corporations and a new stage of capitalism finance or monopoly capitalism. Exporting capital to get a better return on investment. Increase in competition in accessing to raw materials. If we had to confine imperialism to a brief definition: imperialism is the monopoly stage of capitalism : 3rd image, territorial closure of the world all lands have essentially been taken under control. Export monopolism depends on tariff barriers and tariff barriers are the product not of capitalism but of absolute monarchy that liberal capitalism rejects. So, export monopolism is not by itself a sufficient cause for imperialism. Imperialism still requires the war machine. : 3rd image, robinson & gallagher, doyle classification, pericentric (2nd image) (has to do with internal characteristics and developments of the peripheries).

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