What is ‘Financial Imperialism’? Greece and the Eurozone Periphery as Harbinger of Things to Come

Very useful analysis.

Jack Rasmus

THE FOLLOWING ARE SELECTIONS FROM MY RECENTLY PUBLISHED BOOK, “LOOTING GREECE: A NEW FINANCIAL IMPERIALISM EMERGES”. WHAT IS “FINANCIAL IMPERIALISM? HOW IS IT FUNCTIONING IN GREECE TODAY? AND IS IT A GROWING CHARACTERISTIC OF 21st CENTURY GLOBAL CAPITALIST ECONOMY? ARE TOPICS ADDRESSED. (See the Concluding Chapter in the book for the complete analysis)

The recurring Greek debt crises represent a new emerging form of Financial Imperialism. What, then, is imperialism, and especially what, when described is financial imperialism? How does what has been emerging in Greece under the Eurozone constitute a new form of Imperialism? How is the new Financial Imperialism emerging in Greece both similar and different from other forms of Imperialism? And how does this represent a broader development, beyond Greece, of a new 21st century form of Imperialism in development?

The Many Meanings of Imperialism

Imperialism is a term that carries both political-military as well as economic…

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