[OPE-L:6735] Re: imperialism

From: Rakesh Bhandari (rakeshb@stanford.edu)
Date: Wed Mar 13 2002 - 12:28:06 EST

>**For example**: Ellen Meiksins Wood - if I understand her correctly 
>- claims that one of the most important differences between 
>old-style (colonial) imperialism and modern imperialism is that the 
>former is based on non-economic forms of exploitation and 
>compulsion, whereas the latter is based on economic forms of 
>exploitation. This type of classification has obvious parallels with 
>exploitation in capitalism vis-a-vis other modes of production. I 
>think this is a *very valuable* insight, that has a lot to 
>contribute to a theory of imperialism.

Alfredo, what about rentier states, in particular the Gulf States, 
and the US struggle to control the disbursement of rent, i.e. channel 
it into arms purchases, global covert operations and T bill 
purchases? Is this an economic or non economic form of exploitation? 
Or is it exploitation, strictly speaking, at all?


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