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Showing posts with the label Economic Exploitation

Modern Imperialism, also known as Neocolonialism

Modern Imperialism, also known as Neocolonialism   Neocolonialism is the indirect perpetuation of colonial-like dominance by powerful nations and corporations over developing countries, using economic, political, and cultural tools to maintain dependency without formal rule. Coined by Kwame Nkrumah, it manifests through debt traps, unfair trade, political interference, and cultural hegemony, as seen in U.S. exploitation of Haiti and Guatemala, UK dominance in Nigeria and Kenya, and France’s control over Niger and Côte d'Ivoire. Resources are extracted via corporate dominance, land grabs, and labor exploitation, causing environmental and social harm. Countries like China, Cuba, and Bolivia resist through state-led policies, though challenges persist. Russia and India also engage in neocolonial practices in the Central African Republic and Bhutan. China’s Belt and Road Initiative (BRI) in Pakistan, Sri Lanka, and African nations raises neocolonial concerns due to debt, but its no...