II.

History

Imperialism dates from antiquity, and throughout history it has taken many forms. In any given historical period, certain forms tend to be more prevalent than others. In the ancient world imperialism manifested itself in a series of great empires that arose when one people, usually representing a particular civilization and religion, attempted to dominate all others by creating a unified system of control. The empire of Alexander the Great and the Roman Empire are salient examples.

Early modern European imperialism (1400-1750), by contrast, generally took the form of overseas colonial expansion. Rather than one state attempting to unify the world, in this period many competing states established political control over territories in South and South East Asia and in the New World. Imperial systems were organized according to the doctrine of mercantilism: each imperial state attempted to control the trade of its colonies, in order to monopolize the benefits of that trade.

In the mid-19th century yet another variant of imperialism appeared, the imperialism of free trade. The practice endured in this period even though mercantilism and the pace of formal empire building declined significantly. European, especially British, power and influence were extended informally, mainly through diplomatic and economic means, rather than formally, through direct colonial rule. The imperialism of free trade, however, was short-lived: by the end of the 19th century European powers were once again practising imperialism in the form of overseas territorial annexation, expanding into Africa, Asia, and the Pacific.

Since the end of World War II, when most of the formal empires were dissolved, what might be called modern economic imperialism has come to predominate. Control is exercised informally and less overtly. The United States, for instance, exerts considerable influence over certain developing nations, as a result of its national economic power and its dominance of certain international financial organizations, such as the World Bank and the International Monetary Fund. Similarly, European powers have continued to affect significantly the politics and the economics of their former colonies, and they have consequently been accused of neocolonialism—the exercise of effective sovereignty without the formality of colonial rule.