The Emergence Of Imperialism And The Growth Of Capitalist Societies
Lastly, the emergence of imperialism as well took part in the growth of many capitalist societies. Imperialism emerged after the great global depression of 1873; this crisis revealed that a capitalist society continues perpetual growth unless a constant supply of raw materials, as well as demand for goods, is present. Not only this but also the ability to invest profits and capital (Robbins,80). Given the circumstances, the best possible solution to continue a state of perpetual growth was to “…extend European and American power overseas, particularly into areas that remained relatively untouched by capitalist extension… “(Robbins,80). As a result of imperialism, people became forced to become wage labors. In which they no longer produced