‘Imperial continuities and the politics of amnesia’ shows that there are still continuities between the colonial past and the postcolonial present that can be discerned at multiple levels. Continuities have informed political agendas and economic policies in the Third World, as well as the First. They have colored ideological and cultural debates in both regions and have animated the recent recovery of painful, long buried memories on the part of ex-imperial and ex-colonial peoples alike. The fourth wave of decolonization seen with the break up of the Soviet Union is also discussed. Will there be a fifth wave if the ‘hyperpower’ that is America also collapses in the future?