The Economics of Modern Imperialism: Defining an Imperialist Bloc, Role of Frontier Economies, Rent, and the Finance Sector

The speakers discuss the concept of modern imperialism, exploring the idea of an imperialist bloc and the role of frontier economies, OPEC countries, and Gulf countries. They also delve into the concept of rent in the oil industry and finance sector, highlighting the dominance of the finance sector in countries like Britain and the impact of monopolies on the overall process of imperialism.