neocolonialism
/ˌniːoʊkəˈloʊniəˌlɪzəm/
noun
- A system in which powerful countries use economic pressure, political influence, or cultural control to dominate less powerful countries, instead of direct military or political rule.
- The company's control of local resources was seen as neocolonialism, exploiting the region without granting it political freedom.
- Neocolonialism often operates through trade agreements that favor wealthier nations at the expense of poorer ones.
- Many critics argue that international debt policies are a form of neocolonialism that keeps developing nations dependent.
Synonyms