The Journal of Public and International Affairs
Published since 1886 by the Academy of Political Science
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pp. 131-148
Foreign Investments in Less Developed Regions
John R. Oneal analyzes the foreign investments of British capitalists in the decades before World War I as well as of the US. multinationals today. Considering the distribution of capital placed abroad and its profitability, he finds little support for the socialist theory of imperialism first advanced by Hobson and Lenin.
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