April 2003
ISBN: 1-58367-094-7 $17.00 paper
160 pp. Economics
IMPERIALISM WITHOUT COLONIES
by Harry Magdoff with an Introduction by John Bellamy Foster ------------------------------------------------------------------------
³Harry Magdoff is a great teacher and an indomitable combatant. His contributions to socialist theory ‹ on imperialism and monopolistic developments, as well as on the vital role of planning for any viable society of the future ‹ are of a truly lasting importance.² ‹ István Mészáros
In the decades after 1945, as colonial possessions became independent states, it was widely-believed that imperialism as a historical phenomenon was coming to an end. The six essays collected in this volume demonstrate that a new form of imperialism was, in fact, taking shape‹an imperialism defined not by colonial rule but by the global capitalist market. From the outset, the dominant power in this imperialism without colonies was the United States.
Magdoff¹s essays explain how this imperialism works, why it generates ever greater inequality, repression, and militarism, and the essential role it plays in the development of U.S. capitalism.
His concluding essay presciently points out the limits of any attempted reform of the global economy which does not directly challenge the framework of capitalism.
Written in the 1960s and 70s, Magdoff¹s essays constituted a major contribution to Marxist theory and provided a model of rigorous argument in which theory is constantly checked against the economic reality. They provide an indispensable guide to the basic forces at work in the global politics of the twenty-first century. ------------------------------------------------------------------------
Table of Contents
Introduction by John Bellamy Foster Chapter One: The Achievement of Paul Baran Chapter Two: The New Imperialism Chapter Three: The American Empire and the U.S. Economy Chapter Four: Imperialism Without Colonies Chapter Five: Militarism and Imperialism Chapter Six: The Limits of International Economic Reform Index
About the Author(s) HARRY MAGDOFF has been a co-editor of Monthly Review since 1969 and is the author of The Age of Imperialism and Imperialism: From the Colonial Age to the Present.
JOHN BELLAMY FOSTER is professor of sociology at the University of Oregon in Eugene, author of Marx¹s Ecology and Ecology Against Capitalism, and co-editor of Monthly Review. ------------------------------------------------------------------------