Although highly researched in recent years, the topic of Hegel and colonialism still contains many important philosophical resources. The present article aims to bring forwards some of those resources, like the rather unexplored Hegelian speculative contradictions as morality-ethics or intellect-reason. The stake of the paper is to offer new insights into Hegel’s approach of colonialism, racism and capitalism, an approach made from clear Eurocentric positions. But what kind of Eurocentrism one can talk about in Hegel’s case? As I will try to argue in the next section, the problem is way more nuanced and complicated than some of the recent Hegel and colonialism scholars consider. Furthermore, Hegel did not welcome capitalism, had a peculiar, but not racist understanding of racism and he was also critical, in his own terms, with reference to colonialism.