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Together with his brother Humberto, Daniel Ortega Saavedra masterminded the only victorious Latin American revolution since Fidel Castro's in Cuba. Following the triumphant 1979 Nicaraguan revolution, Ortega was named coordinator of the governing junta, and then in 1984 was elected president by a landslide in the country's first free presidential election. The future was full of promise. Yet the United States was soon training, equipping, and financing a counterrevolutionary force inside Nicaragua while sabotaging its crippled economy. The result was a decade-long civil war. By 1990, Nicaraguans dutifully voted Ortega out and the preferred candidate of the United States in. And Nicaraguans grew poorer and sicker. Then, in 2006, Daniel Ortega was reelected president. He was still defiantly left-wing and deeply committed to reclaiming the lost promise of the Revolution. Only time will tell if he succeeds, but he has positioned himself as an ally of Castro and Hugo Ch&ávez, while life for many Nicaraguans is finally improving. Unfinished Revolution is the first full-length biography of Daniel Ortega in any language. Drawing from a wealth of untapped sources, it tells the story of Nicaragua's continuing struggle for liberation through the prism of the Revolution's most emblematic yet enigmatic hero.
An incisive economic and political history of the Panama Canal On August 15, 1914, the Panama Canal officially opened for business, forever changing the face of global trade and military power, as well as the role of the United States on the world stage. The Canal's creation is often seen as an example of U.S. triumphalism, but Noel Maurer and Carlos Yu reveal a more complex story. Examining the Canal's influence on Panama, the United States, and the world, The Big Ditch deftly chronicles the economic and political history of the Canal, from Spain's earliest proposals in 1529 through the final handover of the Canal to Panama on December 31, 1999, to the present day. The authors show that the Canal produced great economic dividends for the first quarter-century following its opening, despite massive cost overruns and delays. Relying on geographical advantage and military might, the United States captured most of these benefits. By the 1970s, however, when the Carter administration negotiated the eventual turnover of the Canal back to Panama, the strategic and economic value of the Canal had disappeared. And yet, contrary to skeptics who believed it was impossible for a fledgling nation plagued by corruption to manage the Canal, when the Panamanians finally had control, they switched the Canal from a public utility to a for-profit corporation, ultimately running it better than their northern patrons. A remarkable tale, The Big Ditch offers vital lessons about the impact of large-scale infrastructure projects, American overseas interventions on institutional development, and the ability of governments to run companies effectively.
How Wall Street Created a Nation: J.P. Morgan, Teddy Roosevelt, and the Panama Canal narrates the dramatic and gripping account of the beginnings of the Panama Canal led by a group of Wall Street speculators with the help of Teddy Roosevelt’s government. The result of four years of research, the book offers the real story of how the United States obtained the rights to build the Canal through financial speculation, fraud, and an international conspiracy that brought down a French republic and a Colombian government, created the Republic of Panama, rocked the invincible President Roosevelt with corruption scandals, and gave birth to U.S. imperialism in Latin America.
The Panama Canal's untold history—from the Panamanian point of view. Sleuth and scholar Marixa Lasso recounts how the canal’s American builders displaced 40,000 residents and erased entire towns in the guise of bringing modernity to the tropics. The Panama Canal set a new course for the modern development of Central America. Cutting a convenient path from the Atlantic to the Pacific oceans, it hastened the currents of trade and migration that were already reshaping the Western hemisphere. Yet the waterway was built at considerable cost to a way of life that had characterized the region for centuries. In Erased, Marixa Lasso recovers the history of the Panamanian cities and towns that once formed the backbone of the republic. Drawing on vast and previously untapped archival sources and personal recollections, Lasso describes the canal’s displacement of peasants, homeowners, and shop owners, and chronicles the destruction of a centuries-old commercial culture and environment. On completion of the canal, the United States engineered a tropical idyll to replace the lost cities and towns—a space miraculously cleansed of poverty, unemployment, and people—which served as a convenient backdrop to the manicured suburbs built exclusively for Americans. By restoring the sounds, sights, and stories of a world wiped clean by U.S. commerce and political ambition, Lasso compellingly pushes back against a triumphalist narrative that erases the contribution of Latin America to its own history.
Facing financial chaos, Porfirio Diaz’s strategy in the 1880s was to create a bank with a legal monopoly over lending to the government and to enforce elites’ property rights in order to get their support. This book shows how Mexican leaders, even after the Mexican Revolution, failed to alter these basic economic and political policies, resulting in a continuing high level of financial and industrial concentration.
The Panama Canal was the costliest undertaking in history; its completion in 1914 marked the beginning of the “American Century.” Panama Fever draws on contemporary accounts, bringing the experience of those who built the canal vividly to life. Politicians engaged in high-stakes diplomacy in order to influence its construction. Meanwhile, engineers and workers from around the world rushed to take advantage of high wages and the chance to be a part of history. Filled with remarkable characters, Panama Fever is an epic history that shows how a small, fiercely contested strip of land made the world a smaller place and launched the era of American global dominance.
The National Book Award–winning epic chronicle of the creation of the Panama Canal, a first-rate drama of the bold and brilliant engineering feat that was filled with both tragedy and triumph, told by master historian David McCullough. From the Pulitzer Prize–winning author of Truman, here is the national bestselling epic chronicle of the creation of the Panama Canal. In The Path Between the Seas, acclaimed historian David McCullough delivers a first-rate drama of the sweeping human undertaking that led to the creation of this grand enterprise. The Path Between the Seas tells the story of the men and women who fought against all odds to fulfill the 400-year-old dream of constructing an aquatic passageway between the Atlantic and Pacific oceans. It is a story of astonishing engineering feats, tremendous medical accomplishments, political power plays, heroic successes, and tragic failures. Applying his remarkable gift for writing lucid, lively exposition, McCullough weaves the many strands of the momentous event into a comprehensive and captivating tale. Winner of the National Book Award for history, the Francis Parkman Prize, the Samuel Eliot Morison Award, and the Cornelius Ryan Award (for the best book of the year on international affairs), The Path Between the Seas is a must-read for anyone interested in American history, the history of technology, international intrigue, and human drama.