Countries of Resettlement Capitalism

These include Australia, New Zealand, South Africa and Israel. The main distinguishing feature of this subgroup is that they did not actually know feudalism: capitalist relations were brought here by immigrants from Europe.

At the same time, unlike the United States, which at one time was a country of resettlement capitalism, its history of development has its own characteristics:

(1) there were no major bourgeois-democratic national movements in these countries;

2) this largely determined the development of capitalism in an evolutionary way;

(3) The large territory and small population in Australia, and in the past in the United States, has led to the growth of capitalism “in breadth” rather than  “inland”.In many ways, this trend continues in this country; 

4) in Australia, South Africa and New Zealand, colonists had to combine economic development and the development of new territories with an armed struggle against the local population (aborigines), and in South Africa also with a struggle against  the descendants of colonists from Holland (Boers);

5) in Israel, the population was formed as a result of the immigration of Jews after the Second World War. Israel’s territorial problems with neighboring Arab states have not yet been resolved, there is a fierce struggle for territory, and the situation is too far from stabilizing.

The main feature of the development of the countries of this subgroup is that they still retain the agrarian and raw material specialization that developed in their foreign trade during the colonial period. However, it is fundamentally different from the same specialization of most developing countries, as it is based on high national productivity. Thus, the level of mechanization of agriculture, especially in Australia and New Zealand, is so great that the few labor resources engaged in agriculture (about 5%) provide food and agricultural raw materials to their country and supply a significant part of it to the world market.