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Multinationals as Engines of Growth
United Fruit and the Banana Republics
The United Fruit Company, a U.S. concern, is notorious for having economically colonized Central American in particular, using the support of the U.S. politically--and, on occasion, militarily--to ensure its taking of large profits in the region. Dissent within the U.S. against the U.S. government-United Fruit Company collaboration reached its peak in the second decade of the 20th century.
The United Fruit Company owned vast tracts of land in Central America, and sometimes the Company was said to be the real power in control of those nations, the national governments doing the Company's bidding. The Company several times overthrew governments which they considered insufficiently compliant to Company will. For example, in 1910 a ship of armed hired thugs was sent from New Orleans to Honduras to install a new president by force when the incumbent failed to grant the Fruit Company tax breaks. The newly......

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Approximate Word Count: 4586
Approximate Pages: 19 (250 words per double-spaced page)

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