Imperialism: Progress Or Regress?

Imperialism: Progress or Regress?
Some may say that Imperialism, especially through the eyes of the imperialists, is taking over one country to make it a much better place to live. Most history books would indeed agree to this. This may be beneficial to the country taking over but for the country being taken over, it is not. We have only been shown one side of the coin. We have been shown all of the positives that the imperialist have done and all that they have accomplished, but what we haven’t been shown in great detail is the new living conditions of the imperialized country. This is known as Neo-Colonialism. The actual definition of Imperialism, that the dominating countries don’t want the public to know about, is taking over a country
They must give little to no mention of the consequences that may emerge. “Petals of Blood” took place shortly after Africa got its independence from Great Britain. Government officials Wilson, Shah, Muragi and Omolo came and promised the people of Illmorog great change. They have promised urbanization and to make Illmorog a much better place to live overall. They only need a few acres of land and to register their lands to acquire title-deeds which would be used as security with the banks. How Illmorog went from a dust bowl to an almost full blown city within such a short time is just mind boggling for the citizens because they haven’t seen anything like it. Everybody loved it except for the old woman who thinks there are some intricate details that are missing. They have seen some tremendous progress at Illmorog. Shopping centers were made, banks were formed, schools were built, new buildings were erected and new jobs were formed. Wanja’s and Abdullah’s business was booming, especially with the new tourists and the success of the Theng’eta drink. Everything that the Government officials have promised is coming true and Illmorog was becoming a great place to
Why do they offer their land, the only thing that they have to their name, as collateral for loans? Ever since the International Financial Agencies have warmed up to the idea of Corporate Governance in emerging Countries, countries like Africa and Bangladesh have had a Corporate Dominated economy. Developing countries such as the ones aforementioned are in dire need of external funding. “In many cases, these agencies have prescribed models of corporate governance that have been tested and developed in developed economy conditions as a "powerful tool to battle against poverty" (World Bank, 2007), and the socio-economic conditions of the developing countries have been ignored” (Uddin and Choudhury, 2008). This so called powerful tool to battle against poverty, as shown in “Petals of Blood,” is nothing more than just a marketing ploy to get people to put faith in the Corporations. Instead of fighting against poverty, it is fighting for poverty. The people of Illmorog have lost their homes, businesses, jobs and much more. KCO have promised development and they did give Illmorog development. They just weren’t specific for whom they are giving development for. It certainly wasn’t for the citizens. According to the “Development of Corporate Governance Regulations” essay, emerging third world countries have two forms of governance. One of them is a stockholder or ‘market-based’