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Essay on U.S. Foreign Policy and Latin America

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During the Cold War, the US invaded Latin America, Asia, and partly Europe. They used sneaky methods and propaganda to achieve their goals. At this time, in the Cold War, they were very devious and tactical in their mission. The US foreign Policy at that time was all about defeating Communism and keeping the balance of power in it’s favor but most importantly, for US’s own economic interest. 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 Guatemala, United Fruit was the main corporation that…show more content…
This was the face of US foreign policy in Guatemala. Chile’s economy was effectively owned by US corporation’s, and these corporation’s controlled the country's resources. When Allende nationalized copper the two main American corporation were financially hurt severely and lost a lot of profit. This concerned the US and Nixon worried that Chile was falling under soviet control and communism. One of Nixon’s fears was that the Soviets would have total control in Americas backyard. However, the major reason that the US instigated the overthrow was because the corporations did not want Chile to take over their own resources and use them for their own benefit. The corporations were able to exercise leverage over Allende because Chile was in the middle of an economic depression and Chile was receiving loans from American banks. Once Allende was in power these loans were stopped by US foreign policy and of course Chile suffered economically . At this point, Pinochet was put into power . This is a perfect example of how the US foreign policy replaced genuine democracy with dictatorship for their own benefit, and again, supposedly in the name of National Security. Latin America was a victim of US foreign policy and corporate greed. US foreign policy in Europe was to dominate, exploit, and to eradicate Communism. This was to continue US hegemony and to keep the balance of power in their favor.
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