New Economic Imperialism Essays -- Essays Papers

New Economic Imperialism Those in power define national interests as the preservation of the lively set of economic, social, and political relationships. Therefore, the national interest of the supranational capitalist society is the interests of the upper class, allied throughout the globe. The United States capitalist class has proposed to preserve and impart U.S. capitalism by a policy of empire building to satisfy the need for large export markets that could supply cheap inputs and guarantee consumption. The road to the real economic imperial structure prevalent in foreign affairs is a long and complicated one. During the twentieth century the capitalist elite began forming organizations in which to formulate and implement their policies on the supranational level, most of which were founded by John D. Rockefeller based on principles developed by Cecil Rhodes. These included the Council on Foreign Relations, three-sided Commission and countless other s scattered throughout the developed world. During the 1940s they began to create institutions with real power, sanctioned by nation-states, which would have the ability to implement policies on the international level, something they needed. These included the United Nations, the political arm, NATO, the military arm, and the two monetary funds created during the conference held in Bretton Woods, New Hampshire in 1944 the International Monetary Fund and the solid ground Bank. It was decided international monetary institutions were needed to stabilize currencies and to facilitate programs of capital investments for constructive undertakings in backward and underdeveloped regions. (Sklar 148) Corporations would float bonds guaranteed by the ... ... Subsequently, a world-wide imperialistic strategy has developed designed to keep developing countries in a position where the West wants them.Works CitedIMF funding system unfair Mugabe. Mon, 04 Jun 2001. Mohan, Giles, et al. mor phological Adjustment Theory, Practice, and Impacts. New York Routledge, 2000.Munoru, John. Zimbabwe IMF Applies More Pressure. 1999. Onimode, Bade. The IMF, The World Bank and The African Debt The Economic Impact. London Atlantic Highlands, N.J., USA Zed Books, 1989.Shaoul, Jean. IMF Tightens The Screws on Zimbabwe. 18 tremendous 1999. Sklar, Holly. Trilateralism and Elite Planning For World Management. Boston South End Press, 1980.