ABSTRACT

Capitalism has always shown its aggressiveness in the international arena. Capitalist nations and their colonies have always been arranged in pyramid style, where the largest dominate the medium sized and the medium sized dominate the small ones. The radical, Marxist definition of “imperialism” emphasizes that the internal environment of modern imperialism is monopoly capitalism, which only became predominant in Western Europe and the United States in the 1880s and 1890s—so imperialism in the modern sense dates from that period. The flow of capital to the imperialist country, however, must have a negative effect on domestic profits and employment through the competition of more capital. Many of the evils of capitalism are blamed, incorrectly, on overpopulation. If this apologia for the status quo is said to apply to the advanced capitalist countries, how much more is it said to apply to the underdeveloped capitalist countries.