Amin adds that the current phase is dominated by generalized, financialized, and globalized oligopolies located primarily in the triad of USA, Europe, and Japan.[1] They practice a sort of collective imperialism by means of military, economic and financial tools such as the North Atlantic Treaty Organization (NATO), the World Bank, the International Monetary Fund (IMF), and the World Trade Organization (WTO). The triad enjoys the monopoly of five advantages: weapons of mass destruction; mass communication systems; monetary and financial systems; technologies; and access to natural resources. It wishes to keep these at any cost and thus has engaged in the militarization of the world in order to avoid losing these monopolies.[2]