World Powers and Imperialism

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Analysis Essay
The history of imperialism is a story of powerful nations exerting their influence over weaker nations, often to the detriment of those nations. Imperialist practices of world powers have had a profound impact on economies and polities around the globe, leaving a lasting legacy of exploitation and domination. This impact is evident in the history of European colonialism, the actions of the United States and other powerful nations in the twentieth century, and the ongoing struggles of developing nations to resist the influence of more powerful nations. This paper will explore how imperialist practices have impacted economies and polities around the globe.
The impact of imperialistic practices extends beyond physical harm and poses subtler economic fears to developing countries. These nations are apprehensive about their vulnerability to global corporations, as they have become increasingly reliant on them due to trade agreements and conditions imposed on them through debt agreements. There is a fear that they cannot survive without the corporations and that the corporations may move their production facilities to other countries. However, if these corporations were to set up production facilities within the developing countries, they fear that the corporations would contaminate the environment and force workers to accept unlivable wages. The developing countries fear that the corporations will eventually leave for other countries with even fewer environmental and social regulations, leaving behind a population that had abandoned their subsistence farms to work in the factories that are now vacated. This fear of abandonment leaves the people at risk of extreme poverty or starvation. The fear of corporations leaving and the impact on the workers' wages and living standards is an ongoing issue. It is a precarious situation for the developing nations who are indebted to these corporations and are forced to make decisions that prioritize economic growth over environmental sustainability and the well-being of their citizens. This fear is perpetuated by the reality that corporations often prioritize profit over social responsibility, and therefore, the need for strict environmental and social regulations is necessary to protect the citizens of these developing nations. Without regulations, corporations may act with impunity, causing economic and environmental devastation in these nations.
Another way that imperialist practices have impacted economies is through the development of Economic Hit Men (EHM) In the past, economically developing countries were considered corrupt and their government officials were assumed to thrive on bribes. However, in recent times, the situation has changed drastically. Today, activities that would have been considered immoral, unacceptable, and illegal in the United States are now considered standard practice. EHMs are now present everywhere, from the corridors of the White House to the US Congress, Wall Street, and the boardrooms of every major company. EHMs use a combination of threats, bribes, falsified reports, extortion, sex, and sometimes violence to achieve their goals. Corruption at the highest levels of business and go...