" The transformation of competitive capitalism into monopoly capitalism altered the character of the economic links between capitalist countries and their colonies. Monopolies require a well-ordered market with stable sources of raw materials and stable outlets. The colonies therefore became integrated into this general tendency toward market "rationalization," which monopolies try to achieve for their outlets and for the sources of their raw materials. The colonies became above all a field for the investment of overabundant capital from the home countries, which is now exported on an increasing scale from these metropolitan countries to their colonies and to backward countries in general. In these areas the high rate of profit, tied to the very cheap labor costs that prevail there, allows capital to exploit labor to a much greater extent. "

― Cornelius Castoriadis , Political and Social Writings: 1946-55 - From the Critique of Bureaucracy to the Positive Content of Socialism v. 1