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International Affairs

A World Safe for Capitalism: Dollar Diplomacy and America's by Cyrus Veeser

By Cyrus Veeser

A international secure for Capitalism unravels a little-known incident: a Wall highway corporation's takeover of the overseas debt, nationwide railroad, and nationwide financial institution of the Dominican Republic within the Nineties. operating with the republic's tyrannical president, the yank company attempted to show self-sufficient peasants into cash-crop farmers, with disastrous effects. by means of 1904, the company's slender pursuit of revenue clashed with Theodore Roosevelt's aim of constructing the U.S. a superb strength, therefore triggering a sweeping new policy-the Roosevelt Corollary to the Monroe Doctrine. Praised via Diplomatic History as "a version of globe-trotting multiarchival research," this interesting background covers occasions in big apple, Washington, Santo Domingo, Brussels, and London.

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