Print
From the middle of the 19th century but especially after the Second World War, two models of empire building competed on a world scale
One predominantly based on military conquests, involving direct invasions, proxy invading armies and subsidized separatist military forces; and the other predominantly based on large-scale, long-term economic penetration via a combination of investments, loans, credits and trade in which ‘market’ power and the superiority (greater productivity) in the means of production led to the construction of a virtual empire.