How can Vladimir Lenin's theory of imperialism and Andre Gunder Frank's theory of dependency be applied to a real-world country? Andre Gunder Frank Andre Gunder Frank
In his theory of imperialism, Vladimir Lenin postulated that imperialism is the final, obligatory stage in capitalism. Imperialism ran rampant during the 19th century and was the primary cause of World War I. Lenin saw that an underlying reason for the growth of imperialism was the fact that a capitalist society would naturally run out of room for economic growth in its home country because the capacity to continue to grow would eventually surpass demand. Yet, the capitalistic drive for increased profits would also naturally continue to grow. In addition, the high cost of raw materials would threaten to lower profits, which a capitalist society certainly wouldn't want. As a result of needing both new markets for economic growth and cheaper raw materials, capitalist societies would naturally turn to underdeveloped economies in order to create brand new import-export markets, leading economic superpowers to colonize underdeveloped economies. However, the economic superpowers would only import enough capital to sustain the colony while exploiting those colonized for both their cheap labor and their cheap raw materials. By controlling the labor and raw materials of the colonized, the superpowers monopolize the human resource and raw material markets (New World Encyclopedia, "Imperialism: Lenin's Theory of Imperialism").
There are still quite a number of territories/colonies that belong to their mother countries. In fact, many of the territories remaining today have declared that they want to remain under the control of their mother countries though some of these territories are also self-governing. Both Gibraltar and the Falkland Islands are examples of mostly self-governing British colonies that have declared they still want to remain under Britain. A second example is that the territory of Tokelau has declared it wants to remain under New Zealand control. However, since society has already been well aware...
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