V. Late Nineteenth-Century Colonial Expansion and the Attack on the Theory of Economic Imperialism: A Case of Mistaken Identity?

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Abstract
The concept of imperialism which Hobson, Lenin and the combined force of the international socialist movement forged into anidée fixeof the twentieth century was roughly handled by Western scholars long before 1945. But since then the attack has grown more precise and its character has altered. Among the first of the post-war historians (writing in English) to attempt the dethronement of imperialism as the demi-urge of the period between 1870 and 1914 was Richard Koebner. He determined on a semantic approach and put the term's linguistic history to rigorous scrutiny. On the philosophical assumption that a term's meaning is to be defined by its actual use and provenance in the political discourse in which it arose, he found that the modern concept of economic imperialism sprang out of a limited, local controversy over the nature of the Boer War. He concluded that it had been illicitly mated with other forms of militarism and economic expansion to spawn a hybrid, mythical monster that had been allowed to sprawl its length over more than half a century of world history.1

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