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.

This title will provide new insights on the Iraq War which still casts a shadow over global politics, and will have wide appeal to all those concerned about the Middle East, world peace and global development.

The Iraq War defined the first decade of the twenty-first century – leading to mass protests and raising profound questions about domestic politics and the use of military force. Yet most explanations of the war have a narrow focus either on political personalities or oil. Christopher Doran provides a unique perspective, arguing that the drive to war came from the threat Iraq might pose to American economic hegemony if the UN sanctions regime was ended. Doran argues that this hegemony is rooted in third-world debt and corporate market access. It was protection of these arrangements that motivated US action, not Iraq's alleged weapons of mass destruction or a simplistic desire to seize its oil. This book will provide new insights on the war which still casts a shadow over global politics, and will have wide appeal to all those concerned about the Middle East, world peace, and global development.

"A rich and insightful analysis of the political economy of dollar diplomacy."-Emily S. Rosenberg, Macalester College A World Safe for Capitalism unravels a little-known incident a Wall Street corporation's takeover of the foreign debt, national railroad, and national bank of the Dominican Republic in the 1890's. Working with the republic's tyrannical president, the American firm tried to turn self-sufficient peasants into cash-crop farmers, with disastrous results. By 1904, the company's narrow pursuit of profit clashed with Theodore Roosevelt's goal of making the United States a great power, thus triggering a sweeping new policyùthe Roosevelt Corollary to the Monroe Doctrine. Praised by Diplomatic History as "a model of globe-trotting multiarchival research," this exciting history covers events in New York, Washington, Santo Domingo, Brussels, and London. "A major contribution to the fields of U.S. economic and diplomatic history as well as Dominican history."-Journal of American History "Veeser joins an emergent historiography, which emphasizes the reception of US hegemony by local elites."-American Sudies International "Meticulously researched and carefully argued, Veeser's book challenges conventional wisdom and offers a persuasive interpretation of the origins of Dollar Diplomacy."-H.W. Brands, author of T.R.: The Last Romantic "A detailed and well-written account of the early growth of U.S. overseas interest"-Library Jouranl "Veeser disrupts the simplistic notion of foreign policy as window dressing for the...class interests of finance capitalists."-Business History Review "A significant chapter in the development of the practices of economic intervention that marked Washington's emergence as the dominant force in global capitalism in the twentieth century."-Hispanic American Historical Review

The Iraq War defined the first decade of the twenty-first century – leading to mass protests and raising profound questions about domestic politics and the use of military force. Yet most explanations of the war have a narrow focus either on political personalities or oil. Christopher Doran provides a unique perspective, arguing that the drive to war came from the threat Iraq might pose to American economic hegemony if the UN sanctions regime was ended. Doran argues that this hegemony is rooted in third-world debt and corporate market access. It was protection of these arrangements that motivated US action, not Iraq's alleged weapons of mass destruction or a simplistic desire to seize its oil. This book will provide new insights on the war which still casts a shadow over global politics, and will have wide appeal to all those concerned about the Middle East, world peace, and global development.

A sweeping account of the rise and evolution of liberal internationalism in the modern era For two hundred years, the grand project of liberal internationalism has been to build a world order that is open, loosely rules-based, and oriented toward progressive ideas. Today this project is in crisis, threatened from the outside by illiberal challengers and from the inside by nationalist-populist movements. This timely book offers the first full account of liberal internationalism’s long journey from its nineteenth-century roots to today’s fractured political moment. Creating an international “space” for liberal democracy, preserving rights and protections within and between countries, and balancing conflicting values such as liberty and equality, openness and social solidarity, and sovereignty and interdependence—these are the guiding aims that have propelled liberal internationalism through the upheavals of the past two centuries. G. John Ikenberry argues that in a twenty-first century marked by rising economic and security interdependence, liberal internationalism—reformed and reimagined—remains the most viable project to protect liberal democracy.

Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.