The purpose of this paper is to explore the nature and extent of these changes within the broader context of the politics and theoretical understanding of the imperial age.
Essentially, economic interests drove the colonial relationship between the imperial power and the colony, where the flow of capital was from the latter to the former. Indeed, by 1900, the forces had capital had pervaded the global economic process so deeply that it was difficult to imagine a time when an economy was still local and driven by consumption and not profit. The Industrial Revolution in 18th century Britain has placed it at the pinnacle of global economic power; Britain used this economic prowess to fuel its military might and develop the most formidable navy in the world, utilizing it with telling effect to colonize more than half of the planet (Zakaria 2008: 167-171).
It is important to understand that the colonial hierarchy was maintained not only by force but also by the superior technology of the West, which was able to absorb and reap the benefits of the Industrial Revolution. ...Show more