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Imperialism and the Impact of Free Trade

May 5, 2025

Lecture Notes: Imperialism of Free Trade

Introduction

  • Discusses the concept of imperialism as it relates to free trade.
  • Examines the historical context and implications of free trade policies.

Key Concepts

1. Definition of Imperialism

  • Traditional view: Imperialism involves direct political control and domination.
  • Revisionist perspective: Imperialism can occur through economic means like free trade.

2. Free Trade as Imperialism

  • Argues that free trade can serve as an instrument of imperialism.
  • Economic dominance without formal political control.

Historical Context

1. 19th Century Britain

  • Britain's role in promoting free trade globally.
  • Use of naval power to enforce trade agreements.
  • Britain's economic dominance through trade.

2. Case Studies

  • Examples of regions where free trade led to economic control.
  • Influence in Asia, Africa, and the Americas.

Implications

1. Economic Dependence

  • Countries become dependent on dominant economies.
  • Shift in local economies to cater to foreign markets.

2. Political Influence

  • Economic leverage translates into political influence.
  • Trade agreements as a tool for political goals.

Conclusion

  • Reevaluation of the definition of imperialism.
  • Understanding the broader impact of free trade agreements.