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Imperialism

Imperialism means those policies persuaded by a state that aims to extend its power and influence its border by expanding its territories (colonization) directly or indirectly by striving to achieve political, economical or military dominance over other states. There are two waves of European imperialism.

1.      Age of Sail (1450-1850)
2.      Age of Steam (1850-1950)

Age of Sail:
            The period of first wave was 1450-1850 in which the kings persuaded a mercantilist approach. The trade was considered to be the zero-sum game where the profit of someone was considered to be the loss of someone else, so the kings never go into the trade where they found that someone else is gaining absolute of relative gain.
            The scientific innovation made European exploration possible. The European government charted and financed companies to establish colonies, for instance the European colonies in America. The colonies were required to get the cheap raw material for production and forming new markets for produced goods. Howsoever by time the empires become crumbled and colonies started getting independent. The United States of America got independent in 1776 from European Empire along with some other colonies like Spanish colonies got the independence in the early 19th century.
            It is believed that after such decolonization the Emperors left the mercantilist approach and adopted free trade with states to gain economic benefits by selling over produced goods to the other states – Pitt the Young and Sir Robert Peel. Though some colonies got independence but still the colonialism and imperialism was continued.

Age of Steam:
            The period of second wave of imperialism was 1850-1950 which was initiated with the industrial revolution and backed by capitalism. In this wave the Empires were required raw material for their industrial manufacturing/production along with capital/investment and undoubtedly the need of new markets were still there to sell the produced goods for wealth collection and economic growth. So here the race of power started in form of Imperialism to become more powerful and influential as compare to the rivals.

whether you will be content to be a comfortable England, modeled and moulded upon continental principles and meeting in due course an inevitable fate, or whether you will be a great country, - an imperial country - a country where your sons, when they rise, rise to paramount positions, and obtain not merely the esteem of their countrymen, but command the respect of the world – British Prime Minister Benjamin Disraeli (1872).

In the period the United States of America also attempted to establish her colonies and in this regard US attacked Spain, Philippine, Cuba etc. the same went with the Japan too in order to expand its territories and empire. By 1900 much of Africa had been colonized by seven European powers—Britain, France, Germany, Belgium, Spain, Portugal, and Italy. After the conquest of African decentralized and centralized states, the European powers set about establishing colonial state systems. The colonial state was the machinery of administrative domination established to facilitate effective control and exploitation of the colonized societies. Partly as a result of their origins in military conquest and partly because of the racist ideology of the imperialist enterprise, the colonial states were authoritarian, bureaucratic systems.

World land controlled by European power:
Till 1800 – 35%
1878 – 67%
1914 – 84%

Imperialism as Political Phenomenon:
             A classical liberal Joseph Schumpeter wrote a book “Imperialism and Social Class” 1919 in which he disassociated the capitalism from Imperialism. In this stance he disagreed with the Marxist-Leninist theory of Imperialism that links capitalism with Imperialism. According to Joseph Schumpeter, Imperialism can’t be reduced to mere pursuit of economic interests. A Jewish American Philosopher Hans Kohn explained imperialism in term of distribution of political power i.e. the balance of power.  Balance of power refers to the system where major powers in the global system acquire colonies to enhance strategic advantage relative to their competitors/rivals/adversaries.

Economic Motives:
There are two different schools of thoughts that deal with the economic motives of imperialism.  First is the Liberal School and second is the Marxist school.

(i)                Liberal School: Capitalist societies are sometimes unable to find within themselves sufficient markets to sell the manufactured/produced goods hence they are required new markets which leads to the concept of imperialism. The introduction of tariffs made it more difficult to sell the goods to fellow Europeans in the last decade of 19th century. Since the tariff increased the price of the product so the people didn’t bother to buy an expensive item and rather preferred cheap alternative available. So this situation caused number of problems like increased rate of unemployment, economic downturn and surplus or excessive production of goods. To cope up this situation, new markets were needed to sell the excessive and/or over produced goods (Hobson’s view) and to invest excessive capital (Lenin’s view)
John A Hobson was an English Economist, social scientist and critic of Imperialism. He stated in this book – Imperialism: A Study – three factors of imperialism.
·        Over production of goods in developed countries.
·        Under consumption by working and lower class in developed countries because of their low wages (normally in depression period).
·        Over-savings by the capitalist class in the developed countries.

(ii)             Marxist School: Imperialism, to Lenin, was the monopoly state of capitalism. Imperialism is the product of capitalism. Lenin saw purely economic factors as the essence of imperialism. According to this school the big business had achieved the monopoly and/or cartel position in the markets to exploit the colonies out of which ICA International Coffee Agreement is the famous one. In the eyes of Marxist the capitalism is the main evil and imperialism is its necessary manifestation.

The Devil Theory:

            This theory focuses on the Governments, Armies and Weapon Industry to be the core cause of war. It stresses that the governments for their own national interests use their armies to get into the war and weapon industries also exploits such nations to do so, so that their weapon business could flourish. International bankers also play an important role in this respect because all the money circulates in this process is with the help of international banks. So Imperialism is because of “Military Industrial Complex”.     

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