Imperialism always involves the massive export of capital to foreign countries for the purpose of exploiting and dominating both their labor forces and their markets. Imperialism, the highest stage of capitalism, represents the stage at which a country's consumers cannot buy all the products that have been produced, and additional markets must be sought after. The dominant feature of imperialism is the repatriation of invested capital.
Cecil Rhodes: Cape-Cairo railway project. Founded the De Beers Mining Company and owned the British South Africa Company, which established Rhodesia for itself. He liked to "paint the map British red," and declared: "all of these stars ... these vast worlds that remain out of reach. If I could, I would annex other planets."[3]
The term as such primarily has been applied to Western political and economic dominance in the 19th and 20th centuries. Some writers, such