multi nationals as engines of growth
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April 22, 2015
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17 / 4684
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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...
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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 installed Honduran president granted the Company a waiver from paying any taxes for 25 years...
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