Globalization today carries on many features of colonialism. We can speak of globalization as "neocolonialism."

Question

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Many scholars argue that globalization perpetuates the same power dynamics and exploitation that characterized colonialism, making it a form of neocolonialism. This includes the ways in which global corporations, financial institutions, and Western nations dominate and exploit the resources and labor of less powerful countries and communities.

Globalization Today Carries on Many Features of Colonialism