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The current phase of the relationship between the 1st and 3rd world is neo-colonial rather than post-colonial.” Discuss in the light of your knowledge about colonial relations, the role of the USA in shaping world society and underdevelopment theory.
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"The current phase of the relationship between the 1st and 3rd world is neo-colonial rather than post-colonial." Discuss in the light of your knowledge about colonial relations, the role of the USA in shaping world society and underdevelopment theory. Firstly neo-colonialism is a term that is most commonly known to be used by Marxists to describe the creation of colonial empires by the European powers from the 16th-19th century. Neo-colonialism is similar to the ideology of Marxism, but is more representative of an international level. Marxism consists of the theory that the social hierarchy is ruled by bourgeoisies [small minority at the top] whilst the majority are proletariats at the bottom. Neo-colonialism uses the same principal in that European powers such as Britain embarked on colonial expansionism by exploiting economical, financial and trade policies on weaker countries and in effect dominate them. With European countries experiencing great power through industrialisation, they...
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