Excerpt from Murray Rothbard, The Progressive Era, Patrick Newman, ed. (Auburn, Ala.: Mises Institute, 2017), from chap. 13 "World War I as Fulfillment: Power and the Intellectuals," pp. 428–36.
In explaining the flood of funding headed toward weapons contractors, one defense analyst noted that “diplomacy is out; air strikes are in."
The US government was not involved in these early attempts by Americans to seize control of neighboring countries. But the imperialist impulse was the same.
Chris Calton continues the story of William Walker and his hope of “Americanizing” Latin America.
