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Imperialism studies
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Marxian critique of political economy
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In Marxist theory, a semi-colony is a country which is officially recognized as a politically independent state and as a sovereign nation, but which is in reality dependent on and/or dominated by another (imperialist) country (or, in some cases, several imperialist countries or corporations).^[1]

^ Ronaldo Munck, "Dependency and imperialism in Latin America: new horizons", in: Ronald H. Chilcote (ed.), The Political Economy of Imperialism. London: Bloomsbury, 2000. "Belgian financial domination of the Congo, because of the close connections of Belgian banking institutions with such international houses as Rothschild, Lazard Frères, and Schroder in their turn linked with the Morgan and Rockefeller groups, was shared with British, French and American finance." Kwame Nkrumah, Neo-colonialism: the last stage of imperialism. London: Thomas Nelson Sons, 1965, p. 40.[1]