causal

Colonial exploitation likely contributed to capitalist surplus

Imperialism and capitalism arose together, and although co-occurrence is not proof of causation, there is likely a causal link because colonial exploitation and invasions generated surplus (for example through plantations) that fed into Western capitalist development, making the magnitude of colonialism's contribution a crucial but inadequately studied question.

causalpending

Speaker

Branko Milanovic

Evidence Quote

We study the linkages between imperialism and capitalism. This is all so obvious in some sense: it just happened at the same time.

Source

Branko Milanovic on the Big Questions of EconomicsEconTalk
Created: 6/13/2026, 12:16:00 AM

My Notes

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