HIS109Y1 Lecture : New Imperialism.docx
Document Summary
Scramble for afirca : wave in 1880s of european rivals: motivations for imperialism. People thought money could be made from imperial adventures. Companies were ruling large territories w/ their own military power, ex. Needed expanding sources of natural resources & markets & investment opportunities for the new capital produced in late 1800s. There was a large consensus that this was a good thing to do w/ growing industrialization. Marx had predicted the middle-class would continue to create a global market, thought that capitalism was about competition & over-production (needing new markets) Marx said that history had to go through certain stages; believed imperialism would speed up these developing processes in developing countries. Lenin expanded marx"s view of what imperialism had to do w/ economic forces & capitalism, saying imperialism is a technique that allowed countries to put off revolutions at home, but. European nations could delay inevitable workers" revolutions by making use of poorer countries.
