The corrupt plutocratic politics

Specifically, it aims to expose the class nature of imperialism independent of nationality and/or geography, and to indicate how this profit-driven characteristic of capitalism is at the root of today’s global austerity economics; an ominous development that dispossesses not only defenseless peoples abroad, but also the overwhelming majority of the people at home—a socio-economic plague that can be called the “new plutocratic imperialism,” or “imperialism by dispossession”.

This new imperialism differs from the old, classical imperialism in some ways. First, contrary to the old pattern of colonial/imperial conquests and plunders, which often proved quite lucrative to the imperium, war and military operations under the new  plutocratic imperialism are not even cost efficient on purely economic grounds, that is, on grounds of national interests.