By Cyrus Veeser
A international secure for Capitalism unravels a little-known incident: a Wall road corporation's takeover of the overseas debt, nationwide railroad, and nationwide financial institution of the Dominican Republic within the Eighteen Nineties. operating with the republic's tyrannical president, the yank enterprise 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 very good energy, 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 intriguing historical past covers occasions in big apple, Washington, Santo Domingo, Brussels, and London.
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A World Safe for Capitalism: Dollar Diplomacy and America's Rise to Global Power (Columbia Studies in Contemporary American History) by Cyrus Veeser