Claudia monetary value of the state over foreign exchange

Claudia Jones was among the first people to analyze what migration in large-scale to the metro poles from the former colonies meant on the left side. She attributed the West Indian migration to Britain as colonization in reverse.

Masses of the West Indian populations were moving in search of better living conditions due to the impoverished conditions that were in the islands. The wealth of the islands was in the hands of very few people while the rest lived under unbearable conditions. Most of the island’s young generation felt that their only hope was to move overseas in search of better opportunities since there were none in the islands. This migration was considered forced just not directly. The emigration occurred almost immediately after the islands achieved political independence in the two largest islands in the West Indies; Jamaica and Trinidad and Tobago. This killed all the dreams and goals of achieving a united West Indies island that could be able to bring forth change and impact on their own societies.

Britain also encouraged the migration during the post-war economic boom of Britain where they required cheap labor to staff their semi-skilled and non-skilled vacancies. Many took the chance in the attempt of making their lives better not understanding that it was only colonization in reverse. This was later felt when racism in Britain became immense even causing riots.  According to Nkrumah, the particular essence of neo-colonialism is that a particular State, which is the center of focus, is independent in theory and has all the outward trappings of international sovereignty but in reality its economic system which shapes its political policies is directed from outside the state.

The methods by which this can be achieved with extreme cases being of imperial power’s troops still safeguarding the territory and controlling the government. Neo-colonialism however is most often practices through economic or monetary means in ways like the neo-colonized state being obliged to take manufactured goods from the imperialist power excluding goods from anywhere else. Neo-colonialism is practiced in different ways. It may be conducted by providing funds that may be used to run the particular State, or by providing civil servants in ranks in public offices that can impose new policies to the State, or by controlling the monetary value of the state over foreign exchange through implementation of banking systems controlled by the imperialist. These imperialists in most cases are usually the States, which formerly ruled the territories in question.

The result of neo-colonialism is the exploitation rather than the development of less developed countries in most cases.