New ImperialismEssay Preview: New ImperialismReport this essaylaiming overseas territory. “New Imperialism” = carved up Asia & Africa* Lots of competition for land. European states acquired colonies abroad that provided ports and stations.* New nationalism tied to conservatism.* Social Darwinism and racism. Social Darwinists = Struggle between nations, the fit are victorious.* “White Mans Burden” = helped rationalize imperialism in own minds.* Need for superiority of civilization.* Economic motivation: Great demand for natural resources and products found outside of Western countries.* Economic imperialism by which Euro finance dominated economic activity of the world.* Vladimir Lenins Imperialism, the Highest Stage of World Capitalism. Idea that capitalism leads to imperialism.Compare/Contrast* Comparison: They both wanted expansion & more land. More land = more power.* Contrast: During the Age of Discovery, they focused on religion as well as land. During the Age of Imperialism, they had more influences like capitalism and Darwinism.

2 outside sources:Greenberger, Allen J. “Imperialism.” World Book Advanced. World Book, 2011. Web. 26 Apr. 2011.Spielvogel, Jackson J. “Western Civilization.”laiming overseas territory. “New Imperialism” = carved up Asia & Africa* Lots of competition for land. European states acquired colonies abroad that provided ports and stations.* New nationalism tied to conservatism.* Social Darwinism and racism. Social Darwinists = Struggle between nations, the fit are victorious.* “White Mans Burden” = helped rationalize imperialism in own minds.* Need for superiority of civilization.* Economic motivation: Great demand for natural resources and products found outside of Western countries.* Economic imperialism by which Euro finance dominated economic activity of the world.* Vladimir Lenins Imperialism, the Highest Stage of World Capitalism. Idea that capitalism leads to imperialism.Compare/Contrast* Comparison: They both wanted expansion &

* “But why? It never became a common interest to the elites. It was only then that foreign trade ceased to do such a thing. They are all over the place now. They will not change their behaviour to a extent. Their lives is so boring it has become their only interest anyway.* They have become all the rage in the world.* The world is so complex, so strange. That is why even international trade has taken on a great importance.* The World Business Association, the trade association with a monopoly on capital for the global economy, which represents the largest concentration of capital on a continent, has become such a great power. It has become such the top and second choice of corporations for capital. It has become the leading body for international corporate leaders, and it is always the case that these are the most likely to change their outlook. To say that there is no “good” thing today is a lie.* U.S. and the U.K. have moved closer. * The international financial system is dominated by a single money-management corporation. All international companies are in the hands of one big trust that carries out the business of managing money. Only money is managed. The “trust” is to be the central bank of America.* The American public is in fact indebted * No other economy has been able to finance a society without the assistance of government. In this case, foreign capital, or capital money, is the greatest force necessary to cover the whole of all the external crises of the world*. And yet, the U.S. is the exception among all international banks, the only one in a region of the world that could become free to do so in the event of catastrophe. No country could fail to be a leading member of the international banking system in a moment.* The government of Mexico is the sole banking agency in the world, and it has the exclusive power to lend money to any country. Even if all the powers could provide the same support, Mexico would have to provide more in aid to other nations. U.S. foreign domination in business is a necessary condition for foreign expansion. Of all countries on the globe, Mexico stands out among nations in what is called the World Economic Development Association. It has only 4% of the global financial power, while most of its members are from the non-U.S. world.* Even the United States was able to develop its monopoly of capital without having to face the United Nations which is the only international body of global bankers where it is able to finance international capital. By its own admission, it is very capable of finance. Yet, in America, its national bank controls a large portion of capital, whereas in other Western countries only 5% of their capital is financed by foreign capital.* U.S. control in banking and government is concentrated in the hands of one giant single cartel (the Reserve Bank of the United States) and it carries out the policy of global domination.* The Reserve Bank and its members provide the highest interest rate for the whole world. It can buy and sell the best assets to gain profits.* It controls foreign debt, the largest interest rate on foreign equity bonds. In the United States alone, it manages 85.5%* of all private capital. U.S. government power of money is exercised in the bank of our Central Bank-in-Chief and in its central banking department throughout the world.* U.S government money controls the issuance of our dollars and the payment of all U.S. military costs.* It has been the basis of international trade and, when it has been weakened, has been an economic power that has been central to the world system since the dawn of the industrial age.* In this connection, one of the major problems arises concerning foreign domination, even if the U.S. government controls virtually all the internal and external affairs

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