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A World Safe for Capitalism ebook

A World Safe for Capitalism Ebook

 By Cyrus Veeser

 Language: English

 Publish Year : 2002


Download A World Safe for Capitalism



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E-Book review:

From Library Journal

Based on Veeser's Bancroft Dissertation Prize-winning thesis, this work examines a little-known but important event in the history of U.S. foreign policy. During the early 1890s, the Dominican Republic's finances were controlled by a Dutch company to insure payment of the country's foreign debt. In 1892, a small group of American politicians and financiers formed the Santo Domingo Improvement Society and purchased the right to manage the country's finances. The U.S. government supported the society as a cheap means of protecting American economic and political interests. However, Dominican dictator Ulises Heureaux's exploitation of the society and the imposition of a managed cash-crop farming system led to a decade of social unrest. President Theodore Roosevelt concluded that running foreign policy through a private firm was unsuccessful, which led him to order a U.S. occupation in January 1905. Vesser draws from American, English, French, and Dominican archival materials to present a detailed and well-written account of the early growth of U.S. overseas influence. Highly recommended. Stephen L. Hupp, West Virginia Univ. Lib., Parkersburg Copyright 2002 Cahners Business Information, Inc.


"A detailed and well-written account of the early growth of U.S. overseas influence. Highly recommended." -- Library Journal

"A well-documented study... recommended." -- Choice

"Veeser argues that the origins of Dollar Diplomacy can be found in the story of an American firm, the San Domingo Improvement Company (SDIC), and its efforts in the Dominican Republic in the 1890s." -- Enterprise & Society

"This book is the first comprehensive study of the company and its role in the shaping of the Dominican economy and U.S. foreign policy... A major contribution to the fields of U.S. economic and diplomatic history as well as Dominican history." -- Journal of American History

"[I]n his excellent new analysis... Veeser disrupts the simplistic notion of foreign policy as window dressing for the gradually accumulating class interests of finance capitalists.... [E]asy to recommend." -- Jesse Hoffnung-Garskof, Business History Review

"This well-wrought book will stand as an authoritative monograph& mdash;useful to both scholars and teachers." -- Seth Fein, Hispanic American Historical Review

"The book is an interesting and intricate account of how Dollar Diplomacy worked in practice and how, over time, it went terribly wrong." -- Gregory Weeks, Latin Americanist


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