The Drivers of Imperialism: Economic and Social Factors
Classified in Geography
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Causes of Imperialism
Primacy of Primary Factors
- The expansion led to a series of reflections.
- Marxists argued that imperialist hegemony was rooted in financial capital; most European states bowed to protectionist policies and territorial expansion to protect their own markets from foreign competition and to acquire new ones.
- According to the Marxist view, the export of capital to maintain profits and political control to protect investments was a major cause.
- Liberals explained the origins of imperialism as a search for markets to locate places for surplus goods.
- The failure of the market due to poverty forced big companies to export products and capital.
- The proposed solution was to increase wages to boost the demand for goods.
- It was also argued