Abstract
This chapter consists of seven sections, of which we have translated sections four to six. The first section of and Capitalism in the Twentieth (Cultural Work in South Africa), deals with the Herero and Namaqua genocide. Section Two (The Colonies and the Development of Capitalism in Europe) offered an overview of the primitive-accumulation process. Section Three (The Colonies and the Developed Capitalist World Market) dealt with the economic development of the United States in the nineteenth century, and the role of American food-exports in bringing down European ground-rents and provoking the call for agrarian protection by European landowners. The parts of this brochure most relevant to the origins of the theory of imperialism are Sections Four to Six. In the final section of the work, (Colonies, Technical Development and Wages) Parvus predicted that the future of European industry lay not in colonies but in Europe's own economic integration. Keywords:Capitalism; colonial policy; Twentieth Century
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