Dipak Basu is the Emeritus Professor in Economics in Nagasaki University, Japan. He is a PhD from the University of Birmingham, and previously he was a Research Officer in the Department of Applied Economics, University of Cambridge, and a Lecturer in Econometrics in the Institute of Agricultural Economics, University of Oxford.Victoria Miroshnik is the professor in Management in Reitaku University, Japan. She is a PhD from the University of Glasgow, and previously she was Professor in Jindal Global University, New Delhi, India and Associate Professor in Tsukuba University, Tokyo, Japan and Ritsumeikan University, Beppu, Japan.

• 1. Idea of Imperialism and Capitalism, Aristotle, Kautilya, Lenin.- 2. British empire and British Industrial revolution.- 3. Financing Industrial Revolution.- 4. Consequences of British industrialization.- 5. American Empire and its consequence.- 6. Dutch Empire and consequence.- 7. Japanese Empire and consequence.- 8. Russian Empire and consequence: Refutation of Lenin’s theory.- 9. Lenin’s theory of capitalism.

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