UN General Assembly
1961

27. In many cases, the colonialists realize that power relations at present make it imperative to retreat to new positions. But it is evident that as long as the capitalist monopoly system remains as it is, the colonialists cannot renounce their super-profits derived from invested capital, the domination and ruling of colonies, the resources of raw materials, cheap labour, markets, spheres of influence and capital investment, nor lose the strategic positions for their military security and otherwise. 28. For these reasons they seek to change their methods and tactics in order to keep their positions of domination under a new form, that is, neo-colonialism. Thus neo-colonialism is in essence an endeavour to conceal the new division of territorial and economic interests. This is to be achieved, among other things, by slowing down the process of liberation of the colonial peoples, and by maintaining the institutions devised under the colonial system.