Peter James Hudson ~ How Wall Street Colonized The Caribbean
This history of bankers and empire is also a Caribbean history. The Caribbean archipelago was ground zero for U.S. imperial banking. Wall Street’s first experiments in internationalism occurred in Cuba, Haiti, Panama, Puerto Rico, the Dominican Republic, and Nicaragua, often with disastrous results—for those countries and colonies, and often for the imperial banks themselves. Yet where there was expansion, there was also pushback. The internationalization of Wall Street was met with local resistance, refusal and revolt. And just as the history of imperialism has been excised from popular narratives, so too has this history of Caribbean anti-imperialism and autonomy.
Note: This essay is adapted and reprinted with permission from Bankers and Empire: How Wall Street Colonized the Caribbean, by Peter James Hudson, published by the University of Chicago Press. © 2017 by the University of Chicago Press. All rights reserved.