Skip to main content

neo-colonialism

neo-colonialism A term often applied to the economic situation of many former colonies after political independence has been secured. Neo-colonialist interpretations of economic development in the Third World suggest that, as a budget-saving and humanitarian act, political decolonization nevertheless left in-tact the West's monopolistic control over the production and marketing of goods in the former colonies. By using international law, corporate property rights, and the power of major commercial banks the former colonial powers could retain economic influence and control over their former dependent territories. In Marxist discourse this phenomenon is usually termed neo-imperialism.

Under neo-colonialism, as under direct colonial rule, the relationship between centre and periphery (or metropolis and satellite) is said to involve the export of capital from the former to the latter; a reliance on Western manufactured goods and services which thwarts indigenous development efforts; further deterioration in the terms of trade for the newly independent countries; and a continuation of the processes of cultural Westernization which guarantee the West's market outlets elsewhere in the world. The operations of transnational corporations in the Third World are seen as the principal agents of contemporary neo-colonialism, since (at least within dependency theory) these are seen as exploiting local resources and influencing international trade and national governments to their own advantage. See also CENTRE-PERIPHERY MODEL; COLONIALISM.

Cite this article
Pick a style below, and copy the text for your bibliography.

  • MLA
  • Chicago
  • APA

"neo-colonialism." A Dictionary of Sociology. . Encyclopedia.com. 10 Dec. 2018 <https://www.encyclopedia.com>.

"neo-colonialism." A Dictionary of Sociology. . Encyclopedia.com. (December 10, 2018). https://www.encyclopedia.com/social-sciences/dictionaries-thesauruses-pictures-and-press-releases/neo-colonialism

"neo-colonialism." A Dictionary of Sociology. . Retrieved December 10, 2018 from Encyclopedia.com: https://www.encyclopedia.com/social-sciences/dictionaries-thesauruses-pictures-and-press-releases/neo-colonialism

Learn more about citation styles

Citation styles

Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA).

Within the “Cite this article” tool, pick a style to see how all available information looks when formatted according to that style. Then, copy and paste the text into your bibliography or works cited list.

Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. Therefore, it’s best to use Encyclopedia.com citations as a starting point before checking the style against your school or publication’s requirements and the most-recent information available at these sites:

Modern Language Association

http://www.mla.org/style

The Chicago Manual of Style

http://www.chicagomanualofstyle.org/tools_citationguide.html

American Psychological Association

http://apastyle.apa.org/

Notes:
  • Most online reference entries and articles do not have page numbers. Therefore, that information is unavailable for most Encyclopedia.com content. However, the date of retrieval is often important. Refer to each style’s convention regarding the best way to format page numbers and retrieval dates.
  • In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list.