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In 1904, American writer O. Henry wrote “The Admiral,” a short story published in his book Cabbages and Kings. It’s set in Anchuria, a fictional ‘small, maritime banana republic,’ that T ...
A banana republic is a country with an economy of state capitalism, whereby the country is operated as a private commercial enterprise for the exclusive profit of the ruling class. Such exploitation is enabled by collusion between the state and favoured economic monopolies, in which the profit, derived from the private exploitation of public ...
The term banana republic was coined by the American author O. Henry in 1901, in a short story later adapted for use in his first book, Cabbages and Kings (1904). Henry describes a fictional country called Anchuria—“this small, maritime banana republic,” as the book says—which is based on his experiences in Honduras, where he lived for several months during the 1890s.
In 1901, Ainslee’s Magazine published a short story by an author named Olivier Henry, “Rouge et Noir,” set in “the banana republic of Costaragua.” Three years later, the story would reappear in a newly published novel (or set of linked stories) called Cabbages and Kings, with the country’s name changed to Anchuria and the authorial name adjusted as well: The writer, born William S ...
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Aug 12, 2022 · Published: August 12, 2022 8:17am EDT. When someone mentions a “ ,” they’re referring to a small, poor, politically unstable country that is weak because of an excessive reliance on one crop ...
Jul 3, 2018 · The term banana republic denotes a small state that is politically unstable as a result of the domination of its economy by a single export controlled by foreign capital. The earliest instance that I have found is from What the insurgents in Colombia are fighting for, by ‘S. M. B.’, published in The Daily Inter Ocean ( Chicago, Illinois) of ...
Nov 19, 2019 · A banana republic is any politically unstable country that generates most or all of its revenue from exporting a single product, such as bananas. The economies—and to an extent the governments—of banana republics are controlled by foreign-owned companies. Banana republics are characterized by highly stratified socioeconomic structure, with ...
