Latin American Economy

Intervention in Latin America, mainly Cuba, also led to the Spanish-American War. When the American naval ship, the USS Maine, exploded in the Havana Harbor, President McKinley immediately decided to go to war after being labeled a coward by yellow journalists. This is a prime example of how incidents in Latin American countries forced presidents to act rapidly and without much thought, causing America to form a bold and aggressive foreign policy.

After it became officially globally acknowledged that Cuba was in fact a communist state and was being led through a dictatorship run by Castro, it did not take long before powerful enemies and essential allies were formed. The act of seizing all foreign land with none or very little compensation was received with great hostility amongst those who lost in their property through this process, and probably the reaction that had the biggest impact on Cuba’s economy was that of the US. Castro’s communistic policies did not of course help calm this resentment and also took part in leading to the establishment of trade embargos with Cuba from the US. This meant that Cuba would now lose a very valuable buyer of their precious sugar, [5] but they did however gain another one, a powerful nation that shared quite similar Marxist ideals and were quick to form an alliance with the Cubans, the USSR.

The United States has influenced many nations in the world throughout history. Some of the ways the U.S. has been able to dominate poor countries are with military action and corporate activities that allowed the United States to influence their governments. Since the United States extends its power with the previously mentioned methods, it is recognized as an imperialist nation. The United States has specifically demonstrated imperialistic forces in Latin America. The effects that the United States’ imperialism had on Latin American economies and politics were negative since it brought violence and caused the poor to struggle even more. When the United Sates government did not like policies that Latin American presidents were creating, they would take military actions to force American ideologies into Latin American countries’ governments by installing puppets into their governments. Generally, these countries would have flourished economically without the United States, but since the U.S. became involved with the countries’ policies, their economies have weakened because the U.S. wants the benefits of controlling countries’ resources without being responsible for the people who reside there. This pattern of the United States’ imperialistic behavior has been demonstrated many times in Latin America.

In terms of activity during World War II, many Latin American countries played an active role in the War Effort. Effectively, the war effort also had a large impact on countries in Latin America. Specifically, I will be focusing on the economic, social and political effects that World War II played in Cuba. Cuba’s war involvement was different in terms of the other Latin American countries that were involved. Cuba’s territory at the entrance of the Gulf of Mexico proved to be a valuable area in terms of trading. Cuba also played a vital role in the support of the United States’ Lend-Lease program. Specifically, Cuba played roles in diplomacy, conflict and espionage during World War II.

The United States has been an important part in the history of all of Latin America. Many times, the United States influenced Latin American countries with its economic, political, and military power. The United States looked down at Latin America as its backyard, constantly using its influence to benefit from the land and supporting dictators in the region. The United States used this power to effectively influence Latin America for decades, even when the U.S. faced communism as a new threat during the Cold War. The United States feared the communist influence of the Soviet Union in countries like El Salvador, Nicaragua, and Guatemala, because the “evil empire’s” plan for world domination included infiltrating Latin America. Even though these

US interventionism in Latin America started a long time ago with the Monroe Doctrine, in 1823. A policy which stated that any intervention by external power for example from Europe is the Americas is a hostile act against the US. In simpler words, America is for the Americas. From the 1900’s till the beginning of the Cold War, the United States started the military intervention mostly in the Caribbean and Central American regions. This has started a long history of the United States intervening on Latin America issues.

Over the course of the history of the United States, specific foreign policies have affected the methods in which the U.S. involves itself around the globe. Specifically, certain policies have affected U.S. involvement in Latin America.

The Spanish-American War was fought mainly for economic reasons. The United States' primary motivation for entering the war was “purely economic” (Spanish-American War). The United States had a vested interest in Cuba – almost fifty million dollars invested in the island nation. Additionally, America had a sound trade history with Cuba: trading more with the Spanish colony than its motherland (Cuba). The rotting Spanish Empire provided a hindrance to American business interests. Tariffs and trade fees were especially troublesome to American businessmen. After the war, America had successfully the profitability of their investments. This was done through the Platt Amendment. This amendment had essentially dictated Cuba's economic policy: allowing Americans to check Cuban national debt and foreign treaties (Platt Amendment).

US foreign policy in Latin America is greatly influenced by its interactions with Cuba during the late fifties. With the efforts of Fidel and Raul Castro, and other Marxist revolutionaries such as Che Guevara and Camilo Cienfuegos, the corrupt and tyrannical caudillo

During the late nineteenth and early twentieth century, the United States was the most dominant power in the Western Hemisphere. European nations conceded to the United States their right of any intervention in the Western Hemisphere and allowed the United States to do whatever they wanted. The United States took this newly bestowed power and abused it. The United States intervened in many Latin American countries and imposed their policies on to these countries against their will. A perfect example of this aggression is what occurred in the Dominican Republic in 1904. The United States intervened in this sovereign nation and took control of their economy and custom houses. A memorandum from Francis B. Loomis, the United States Assistant

When looking at the history between the United States and Latin America, you see many interactions between them, all that aided the relationship that they have today. Despite that the United States and Latin America are in the same part of the world, the beliefs in which they govern may differ. This difference has often been seen playing a major role in the disputes that have occurred in past. The United States and Latin America have faced many social, economical and governing barriers in forming a strong and positive relationship in the early twentieth century, this is due to the differences that the two had between cultures and the constant demand for power. However, the two countries have found ways to meet in the middle of their cultural differences, to form an equally fair relationship.

Generally, the US foreign policy concerning Latin America was of course for the US' own benefit. If the person in power was trying to nationalize their country's economy, the US accused them of communism and proceeded to push them out, unofficially, under the pretext of national security.

In the early 1900’s, Cuba was a stomping ground for many of the rich and famous from the United States. Many famous movies stars and wealthy business entrepreneurs spend their vacations there along with a substantial amount of money. Trade and commerce between the United States and Cuba flowed freely and abundantly. Even with the Dictatorship-like regime of Batista, the countries benefited from the economic trade between them. This was all about to come crashing down as revolts against Batista occurred and Fidel Castro came to power within Cuba.

Galeano portrays this moment in Latin American history as the instant U.S investors took control over the industries. He details the dangers they went through when producing one item to export for the benefit of foreigners, and how they later imported the processed goods from those same foreign countries, injecting money only overseas. The fact that Latin America needed imports to survive initiated the imperial link the U.S has upon it. As stated by Galeano, “The growing dependence on foreign supplies produces the growing identification of the interest of U.S. capitalists operating in Latin America with U.S. national security”11, bluntly showing the relationship between the United States and Latin America. “With petroleum, as with coffee or meat, rich countries profit more from the work of consuming it than do poor countries from the work of producing it”12. Because profit was not being retained in the Latin American countries, nationalization of the industries became of importance. The United States offered intervention in order to protect everyone’s interests with the proposal of free trade, but this was no more than another manipulation to continue having power over Latin America and its resources: “Latin America’s big ports, through which the wealth of its soil and subsoil passed en route to distant centers of power, were being built as instruments of the conquest and domination of the countries to which they belonged, and as conduits

La tierra mas hermosa. The most beautiful land. Latin America and the Caribbean maintain the humble beauty of many indigenous regions. The rugged mountains of Bolivia are scattered across graded lands. The Quechua people can be seen wearing richly decorated ponchos as they plant seeds for forming. Weathered volcanic lavas are stretched over the lands of Guatemala, and the heavily wooded forest trees can also be seen in the eastern slopes of the Andes. The azure blue oceans of Havana sparkle as the golden sun illuminates the sky. These humble lands have always been here; streams of people have flowed through these lands for centuries. It is only the globalización that is relatively new, and along with that comes the life one lives in these lands--pobreza y viviendo en el infierno [poverty and living in hell]. The impact of globalization in Latin America has caused a ripple in the lives of many individuals living in Latin America and the Caribbean. Although globalization is not a new concept, the process of globalization has drastically expanded and involved into social, political, and economic changes that weakens the sovereignty and power that helps create policies and reform government institutions.