Formal decolonization gave way to a neo-imperial global economic order

Evidence

This postcolonial “double inscription” is taking place in a global context where direct rule, governance, or protectorship by an imperial power has been replaced by an asymmetric globalized system of power which is postnational, transnational, and neo-imperial in character. Its main features are structural inequality, within a deregulated free-trade and free-capital-flow system dominated by the First World, and programs of structural readjustment, in which Western interests and models of governance are paramount. — Stuart Hall, Essential Essays, Volume 2, 315

Categorization

• DEFINE: Names the ‘double inscription’ mechanism and characterizes the neo-imperial globalized system that replaces direct rule.
• XREF: connects to: Integration into global capitalism reinforces, not relieves, the periphery’s subordination — Clara E. Mattei, Escape from Capitalism, 292; Austerity since colonial times has devastated the global periphery — Clara E. Mattei, Escape from Capitalism, 288; Preferential trade deals for the Global South replaced universal free trade — Quinn Slobodian, Globalists: The End of Empire and the…, 714 (+12 more)