New Imperialism: The Logic of Capital according to David Harvey

The article analyzes the concept of new imperialism according to David Harvey, pointing to the tight intertwining of territorial (state) and capitalist logic. The author explains that while capital strives for liquidity and profit, the state provides the necessary infrastructure of coercion, property protection, and spatial control. The key driver of these processes is overaccumulation—a situation where surplus capital forces the search for new markets, resources, and areas for dispossession. In this view, the free market often becomes a tool of coercion against weaker entities, and military force serves as the 'notary' for financial transactions. Imperialism is therefore not merely territorial expansion, but a complex system of monetizing the map and managing crises of capital surplus.