The political economy of imperialism Book

The Political Economy of Imperialism is a complete history of western economic power which covers the growth of capitalism from the mediaeval mercantile system, through the industrial revolution, to the present hegemony, of finance capital. This book explains how the western world's economic system came into being and how the evolving contradictions of the western economies affected the character of their colonial expansion. Throughout Professor Nabudere stresses that the changing forms of imperialism have been a necessary feature of western capitalism's struggle to contain its own crisis. His elaborate survey of contemporary financial institutions, economic theories and power politics offers a firm basis for understanding the future as well as the past.