Economic Update with Richard D. Wolff

The Economics of Colonialism Part 1- The British Empire

10.06.2022 - By Democracy at Work - Richard D. WolffPlay

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This week's show focuses on an analysis of capitalist colonialism that begins with the passing of Queen Elizabeth as a monument to the passing of the British Empire itself. Wolff discusses the differences between pre-capitalist and capitalist colonialism, the goals of capitalist colonialism, the development of a world economy, examples of India, US, and Kenya, the centrality of independence for ex-colonies, and neo-colonialism.    

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