Notes from the Editors, February 2021

Abstract

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This month's Review of the Month on "Colonialism Before the First World War" is from chapter 9 of political economists Utsa Patnaik and Prabhat Patnaik's pathbreaking new Monthly Review Press book, Capital and Imperialism: Theory, History, and the Present. In it, the Patnaiks develop an original theory of imperialism, arguing that expanded reproduction of the capitalist economies in what we today call the Global North, especially Great Britain, would not have taken place without the exploitation of the countries of the Global South.