| Book Review | The Journal of American History, 90.3

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| Book Review | The Journal of American History, 90.3 | The History Cooperative

Book Review

A World Safe for Capitalism: Dollar Diplomacy and America's Rise to Global Power. By Cyrus Veeser. (New York: Columbia University Press, 2002. xviii, 250 pp. $27.50, ISBN 0-231-12586-0.)

Despite its relatively small size and non-protagonist presence in hemispheric affairs, the Dominican Republic has historically played a significant role as the context in which the United States has tested and developed several of its key Latin American policies. The Monroe Doctrine as well as the Roosevelt and Johnson corollaries were all tested or first applied in the Dominican Republic. In A World Safe for Capitalism, Cyrus Veeser takes a close look at the complex interrelation among U.S. entrepreneurs, the U.S. government, and Dominican political and economic actors that led to a Roosevelt Corollary–sanctioned intervention and the imposition of a U.S. receivership on Dominican customhouses in 1905. At the heart of this evolving web of relations was the San Domingo Improvement Company (SDIC). 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.

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