Description: World Safe for Capitalism : Dollar Diplomacy and America's Rise to Global Power, Paperback by Veeser, Cyrus, ISBN 0231235879, ISBN-13 9780231235877, Brand New, Free shipping in the US 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. Th 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, th anticipates policies embodied in the Marshall Plan, the International Monetary Fund, and the World Bank.
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Book Title: World Safe for Capitalism : Dollar Diplomacy and America's Rise t
Number of Pages: 190 Pages
Language: English
Publication Name: World Safe for Capitalism : Dollar Diplomacy and America's Rise to Global Power
Publisher: Columbia University Press
Publication Year: 2007
Item Height: 0.1 in
Subject: United States / 20th Century, Public Finance, International Relations / General, Americas (North, Central, South, West Indies), Public Policy / Economic Policy, International Relations / Diplomacy
Item Weight: 14.3 Oz
Type: Textbook
Author: Cyrus Veeser
Subject Area: Political Science, Business & Economics, History
Item Length: 0.9 in
Item Width: 0.7 in
Series: Columbia Studies in Contemporary American History Ser.
Format: Trade Paperback
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