Imperialism in the Twenty-First Century

John Smith
Monthly Review

Winner of the first Paul A. Baran–Paul M. Sweezy Memorial Award for an original monograph concerned with the political economy of imperialism, John Smith’s Imperialism in the Twenty-First Century subtitled, Globalization, Super-Exploitation, and Capitalism’s Final Crisis, is a seminal examination of the relationship between the core capitalist countries and the rest of the world in the age of neo-liberal globalization. Deploying a sophisticated Marxist methodology, Smith begins by tracing the production of certain iconic commodities—the T-shirt, the cup of coffee, and the iPhone—and demonstrates how these generate enormous outflows of money from the countries of the Global South to transnational corporations headquartered in the core capitalist nations of the Global North.
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