Question

Is Globalization a form of neocolonialism, imperialism, both or neither?

Answer 1

Imperialism is a practice of controlling other nations who are small and can be dominated. Neocolonalism is also the concept that explains the state of a nation being dominated culturally, politically and economically by a superior nation.

Globalization is the state of opening of an economy to the world economy. It can be said that globalization is a form of neo colonalism or imperialism only if it not regulated properly. If trade barriers and tariffs are not imposed at right time by the government then it can get dominated by superior countries which have strong economic base. And then globalization would lead gto imperialism and neocolonalism.