Economic Update: The Economics of Colonialism Pt. 2 - The Neo-colonialism Variation

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[S12 E40] The Economics of Colonialism Pt. 2 - The Neo-colonialism Variation

In this week's show, Prof. Wolff presents a brief summary of last week's Part 1 as basis for analyzing how WW2 provoked the political independence struggles that changed colonialism into neo-colonialism; how and why political independence is not, by itself, a break from colonialism; why neocolonialism lasts into the present and positions a rich minority of each former colony as the ally, collaborator, and agent of continued entrapment of the former colony within global capitalism. Modern neocolonialism likewise positions a poor majority that seeks real economic independence alongside political independence. The politics of most countries in the world - who are mostly ex-colonies - is a deep class war between that neocolonial minority and its majority/adversary.

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SOURCES FOR SHOW SEGMENTS:
1.Can Global Capitalism Endure? by William I Robinson,
2. Global Capitalism and the Crisis of Humanity by William I Robinson