Political Economy of Industrial Imperialism

I. Nineteenth Century Economic Imperialism

A.  Quest for resources

European empires:  British in red, French in green, German in purple.  Blue arrows show the flow of raw materials; purple arrows show the flow of manufactured goods.

B.  Export of capital

C. Indirect Imperialism

1. The British in China

2. British trade deficit problems

3. The opium trade

4. The opium wars

5.  Political and economic consequences of the opium wars

D. Direct Imperialism

1. Britain's declining hegemony

Sepoy Mutiny (1857): rebellion of Indian soldiers against British Empire.

2. Europeans colonize Africa

3.  Economic restructuring in Africa

4. The new mercantilism and the "scramble for Africa"

Berlin Conference (1884): established guidelines for division of Africa.

5. Cecil Rhodes and the British South Africa Company

6. The Boer War

E. Does economic imperialism work?

F.  Lenin on Imperialism

II. The political economy of total war

A. Methods of economic mobilization

1.  Force

2.  Taxation and rationing

3.  Inflation and debt

B. Women in wartime

C. Mobilizing the working class

D. Economic consequences of the Great War