A World Safe for Capitalism: Dollar Diplomacy and America's Rise to Global Power
- ISBN-10
- 0231500947
- ISBN-13
- 9780231500944
- Category
- History
- Pages
- 190
- Language
- English
- Published
- 2002-08-14
- Publisher
- Columbia University Press
- Author
- Cyrus Veeser
Description
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.
Get the book
Other editions
-
- 2007-04-22
- 277 pages
- Paperback
- Columbia University Press
Similar books
-
The Enduring Vision: A History of the American People
By Paul S. Boyer, Clifford E. Clark, Karen HalttunenBy her own account, Peggy O'Neale Timberlake was “frivolous, wayward, [and] passionate.” While still married to a naval oflicer away on duty ...
-
The Enduring Vision: A History of the American People, Volume I
By Paul S. Boyer, Clifford E. Clark, Karen Halttunen... had married the widowed daughter of a Washington tavern keeper. By her own account, Peggy O'Neale Timberlake was “frivolous, wayward, [and] passionate.
-
Rice University: One Hundred Years in Pictures
By Karen Hess Rogers, Lee Pecht, Alan Harris Bath... Bill, Kennedy, Jacqueline, Kennedy, John F., Kidd, Albert and Elizabeth, Kieran Timberlake (architects), Kilpatrick, John, Kirkland, William, Kissinger, ...
-
Cengage Advantage Series: The Enduring Vision
By Paul S. Boyer, Clifford E. Clark, Karen Halttunen... 195–196, 361; abolishing of, 257 Ticonderoga fort, 157, 169 Tilden, Samuel J., 524 Timberlake, Peggy O'Neale, 301 Timbuktu, Mali, Sankore Mosque in, ...
-
The Enduring Vision: A History of the American People, Volume 1
By Paul S. Boyer, Clifford E. Clark, Karen HalttunenBy her own account, Peggy O'Neale Timberlake was “frivolous, wayward, [and] passionate.” While still married to a naval officer away on duty, ...
-
The Cherokee Struggle to Maintain Identity in the 17th and 18th Centuries
By Jr., William R. ReynoldsTimberlake, p. 8 (9–10). 2. Timberlake, p. 36 (70). 3. Hoig, p. 45; Kelly, p. 22; Timberlake, p. 37 (72–73). 4. Alderman, p. 6; Timberlake, p.
-
Prehistoric Copper Mining in Europe, 5500-500 BC
By William O'BrienTimberlake, S. 2002. 'Ancient prospection for metals and modern prospection for ancient mines: the evidence for Bronze Age mining within the British Isles', ...
-
The Sixties in the News: How an Era Unfolded in American Newspapers, 1959-1973
By William J. Ryczekhadn't known Timberlake until the two moved in together. Kathy had worked at a series of jobs, including electronics assembler and a dancer in a bar, ...
-
A Borderland Confederate
By William Lyne WilsonTerrill, Philip, killed Thompson, William S. Timberlake, George, wounded. Timberlake, Harry. Timberlake, J. H., wounded. Timberlake, J. L., wounded.
-
Golf in Columbus at Wyandot Country Club: A Lost Donald Ross Classic
By William R. CaseAs the caretaker of the clubhouse, Timberlake was furnished living quarters on the second floor. Around 8:00 p.m., he descended into the basement for the ...