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There is a very close relationship between capitalism and imperialism. The German philosopher thinker Rosa Luxemburg (1871–1919) argued in her book The Accumulation of Capital (Luxemburg 1913) that capitalism cannot survive without imperialism. In the first chapter, we narrated the history of capitalism in India and the consequences; how the economy of India, the first major colony of Britain, was destroyed to bring about the capitalist development of Britain.

Idea of Imperialism and Capitalism

D Basu, V Miroshnik - Imperialism and Capitalism, Volume I, 2020

… This is essentially opposite to the “utilitarianism,” which is the philosophy of the “Globalization.”. Sri Aurobindo (1947) has explained it further … Sri Aurobindo (1947) has explained it further in “Life Divine” (The Life Divine, vol 1, Arya Publishing House, Calcutta) …