From Empire to Neoliberalism – The Long Arc of Capital and the Cannibalisation of the West

In this episode of the Explaining History Podcast, we step back from the specific history of Congo to examine the broader theoretical framework of neocolonialism – and how the decline of formal empire prepared the ground for the neoliberal revolution.

Drawing on thinkers from Marx and Lenin to J.A. Hobson and Rosa Luxemburg, we explore the purpose of empire from the perspective of capital: the pursuit of cheap resources, cheap labour, and captive markets. Britain's transformation from a middling European kingdom to a global superpower was built on the extraction of wealth from its colonies – from the...