New Economic Imperialism Essay example - 4919 Words

New Economic Imperialism Those in power define national interests as the preservation of the existing 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 extend 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 current economic imperial structure prevalent in international affairs is a long and complicated one. During the twentieth century the capitalist elite began forming organizations in†¦show more content†¦Top executives from the worlds leading multinational corporations meet with top national political figures at Bilderberg meetings to consider jointly the immediate and long-term problems facing the West. â€Å"When Bilderberg participants reach a form of consensus about what is to be done, they have at their disposal powerful transnational and national instruments for bringing about what it is they want to come to pass.† (Sklar 158) Officials from the OECD, NATO, the IMF, World Bank, and GATT (now WTO) regularly attend. Since the members are in a position of such executive power, when the group reaches a consensus the capitalist West is likely to act on it, more or less, as a unit. By far the most dominant and intriguing wing of the imperialist structure has been its economic influences on the Third World. Early on multinational corporation learned that â€Å"to assure themselves access to foreign markets on favorable terms, to arrange intricate export subsidies and insurance against nationalization, to manipulate other governments through foreign aid andShow MoreRelated The Compelling Motives of European Imperialism Essay794 Words   |  4 PagesThe Compelling Motives of Imperialism The presence of Europe in Africa in the late nineteenth century was one of extreme power. The countries of France, Britain, and Germany had especially large claims to the African continent during this time. The motives of imperialism for these countries greatly define Europe at this time. 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