The confusion about the term ‘imperialism’ can be resolved upon recognising that the term was originally popularised to explain warfare, but not national exploitation, whereas the subsequent evolution of the term sought to explain national exploitation, but not warfare. Therefore, the term ‘imperialism’ must provide an answer to the question, how do relations of national exploitation create the long-term conditions for warfare?
My PhD thesis, Imperialism: How Declining Currency Hegemony Leads to War, argues that the Indian Political Economy (PE) tradition provides useful insights to answer this question
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