Lord Jim by Joseph Conrad Question . What statement does the book make about colonialism?

Answer 1

I found this in my search on the web but it needs to be paraphrased. I can't really help you with that because I never read the novel. Hopefully, you can interpret this in your own words:
"Lord Jim is set in a colonial world. Colonialism is most important as a backdrop to the action and the moral struggles. In this world, the rules of 'home' (i.e. European society) do not necessarily apply, particularly when one is dealing with men who aren't white. National affiliations are less significant, too. Other allegiances--the idea of being 'one of us' versus 'one of them,' for example--take their place, altering expectations of honorable behavior. Most of all, though, Lord Jim is a novel about storytelling, and in the confusion and convolutions of its narrative form are reflected the ambiguities of its ideals and its setting."

Answer 2

I paraphrase :

Colonialism is really good fun for the colonists...........and fairly crappy for everybody else.