World Safe for Capitalism

Dollar Diplomacy and America's Rise to Global Power

Autor: Cyrus Veeser

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Legare: Copertă tare

Editura: Columbia University Press

Disponibilitate: Retipărire preconizată

Termenul este necunoscut

685.73 lei

This award-winning book provides a unique window on how America began to intervene in world affairs....

Informații despre carte

Autor

Cyrus Veeser

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2002

Pagini

190

EAN

9780231125864

ISBN

0231125860

Enbook ID

04557913

Editura

Columbia University Press

Greutate

517

Dimensiuni

162 x 234 x 25

Descriere completă

This award-winning book provides a unique window on how America began to intervene in world affairs. In exploring what might be called the prehistory of Dollar Diplomacy, Cyrus Veeser brings together developments in New York, Washington, Santo Domingo, Brussels, and London. Theodore Roosevelt plays a leading role in the story as do State Department officials, Caribbean rulers, Democratic party leaders, bankers, economists, international lawyers, sugar planters, and European bondholders, among others. The book recounts a little-known incident: the takeover by the Santo Domingo Improvement Company (SDIC) of the foreign debt, national railroad, and national bank of the Dominican Republic. The inevitable conflict between private interest and public policy led President Roosevelt to launch a sweeping new policy that became known as the Roosevelt corollary to the Monroe Doctrine. The corollary gave the U. S. the right to intervene anywhere in Latin American that "wrongdoing or impotence" (in T. R.'s words) threatened "civilized society." The "wrongdoer" in this case was the SDIC. Imposing government control over corporations was launched and became a hallmark of domestic policy. By proposing an economic remedy to a political problem, the book anticipates policies embodied in the Marshall Plan, the International Monetary Fund, and the World Bank.

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World Safe for Capitalism

Dollar Diplomacy and America's Rise to Global Power

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