dhenwood at panix.com
Thu Aug 1 08:33:01 MDT 1996
At 8:02 AM 8/1/96, Louis N Proyect wrote:
>An "imperialist policy"? Imperialism is not a "policy". It is a
>stage of capitalism that started in the late 19th century.
Well, insofar as governments consciously undertake a set of actions called
imperialism, it is a policy. In the late 19th century U.S., political
economists like Charles Conant explicitly theorized the need for an
imperial outlet because of chronically stagnationist/underconsumptionist
tendencies within capitalism.
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