Some local minion wantonly wasting one million in aggressive foreign policy

• Control by a powerful country of its former colonies (or other less developed countries) by economic pressures

Wikipedia Word definitions in Wikipedia
Neocolonialism , neo-colonialism or neo-imperialism is the geopolitical practice of using capitalism , business globalization , and cultural imperialism to influence a country, in lieu of either direct military control ( imperialism ) or indirect political ...

Douglas Harper's Etymology Dictionary Word definitions in Douglas Harper's Etymology Dictionary
also neo-colonialism , 1955, from neo- + colonialism .

Wiktionary Word definitions in Wiktionary
n. The control or domination by a powerful country over weaker ones (especially former colonies) by the use of economic pressure, political suppression and cultural dominance.

WordNet Word definitions in WordNet
n. control by a powerful country of its former colonies (or other less developed countries) by economic pressures

The Collaborative International Dictionary Word definitions in The Collaborative International Dictionary
neocolonialism \neocolonialism\ n. Control by a powerful country of its former colonies (or other less developed countries) by economic pressures. In contrast to colonialism , in which one country controls another territory by military force.