The Impact Of Imperialism

864 Words4 Pages
The treatises of imperialism, like other social subjects, have caused many controversies among those who are deeply interested despite their diverse national backgrounds. Nonetheless, no matter how heated debates the subject has raised, it is essential to fully deal with it based on historical sources. This paper will decode imperialism from the following primary sources to help people better understand the impacts of imperialism on the world’s politics, economies and cultures: John A. Hobson’s Imperialism: A Study, Vladimir Illyich Lenin’s Imperialism, The Highest Stage of Capitalism, Jules Ferry’s On French Colonial Expansion, Rudyard Kipling’s The White Man’s Burden, American Anti-Imperialism League’s Platform of the American Anti¬-Imperialist…show more content…
He gave an example that connected the monopolized banking system in Germany to the development of imperialism. As the advancement of industries, the German banks gradually played a significant role in finance and eventually became so powerful that they could manipulate most of the industrial cartels in Germany. As the severe competition increased, these cartels made less profits and suffered more the financial burdens. Consequently, the banks accompanied by the cartels were eager to export their capital to foreign lands. With the help of the imperial governments, the cartels strongly vied for foreign markets to expand their capitalist markets in the world. The expansion of imperialism led to wars among the empires and eventually ignited revolutionary flames in the exploited colonies. As the fierce flames spread across the exploited world, the exploited would see the demise of capitalism and welcome the arrival of…show more content…
He argued, like other imperialism advocates, that France needed foreign lands to consume his excessive commodities because Germany and the United States had built up trade barriers. To the French, not only were their own markets shrinking, but also other great states were trying to take over the French markets. Therefore, it was necessary for France to take serious measures against such threat. Furthermore, he believed that it was the duty of the higher races to civilize the lower races, which led to the colonization of areas including Africa and Asia. Finally, Ferry also contended that as many other great states expanded their territories, France needed to build their naval bases around the world to compete at the world political stage; otherwise, France would face serious challenges from other powers. Although Ferry was left-wing politician, he justified his support for the French imperialism based on the French national interests. To Ferry, national interests were first
Open Document