INDEV100 Lecture Notes - Lecture 2: Overexploitation, Neocolonialism, Truman Doctrine

• School: University of Waterloo
• Department: International Development
• Course: INDEV100
• Professor: Prateep Kumar Nayak

Document Summary

It is a political system by which colonies are ruled from a central seat of power in the pursuit of largely if (cid:374)ot e(cid:374)tirely e(cid:272)o(cid:374)o(cid:373)i(cid:272) goals (cid:894)willia(cid:373)s 1(cid:1013)(cid:1012)3; 15(cid:1013)(cid:895). (cid:859) It is an economic system in which a state pursues external investment and penetration of markets and sources of raw materials (williams 1983; 159-60) Neo-colonialism refers to (cid:858)a syste(cid:373) i(cid:374) (cid:449)hi(cid:272)h the e(cid:272)o(cid:374)o(cid:373)ies of for(cid:373)ally i(cid:374)depe(cid:374)de(cid:374)t (cid:272)ou(cid:374)tries re(cid:373)ai(cid:374) su(cid:271)je(cid:272)t to the (cid:272)o(cid:374)trol of others, ofte(cid:374) their for(cid:373)er (cid:272)olo(cid:374)ial po(cid:449)ers(cid:859). It essence economic relations continue past formal end of colonial rule. The european domination of the americas led to the following changes: collapse of the local population, elimination of existing political systems, the super-exploitation of indigenous labour, european immigration to the new world, the african mass slave trade. The european domination of africa was accomplished at a faster pace than other parts of the colonized world. This domination led to the discovery of diamond (1867) and gold (1886).