1950 http://www.amazon.com/gp/product/1847671942?ie=UTF8&tag=doc06-20&link... Watch the full film: http://thefilmarchived.blogspot.com/2010/11/journey-to-banana-land-1950.html
The purpose of a banana republic is commercial profit by collusion between the State and favoured monopolies, whereby the profits derived from private exploitation of public lands is private property, and the debts incurred are public responsibility. Such an imbalanced economy reduces the national currency to devalued paper-money, hence the country is ineligible for international development credit and remains limited by the uneven economic development of town and country.
Kleptocracy, government by thieves, features influential government employees exploiting their posts for personal gain (embezzlement, fraud, bribery, etc.), with the resultant deficit repaid by the native working people who "earn money", rather than "make money". Because of foreign (corporate) manipulation, the government is unaccountable to its nation, the country's private sector--public sector corruption operates the banana republic, thus, the national legislature usually are for sale, and function mostly as ceremonial government. . . . a money class fleeces the banking system, while the very trunk of the national tree is permitted to rot and crash. . . . —Christopher Hitchens
Guatemala suffers the regional socio-economic legacy of the banana republic: inequitably distributed agricultural land and natural wealth, uneven economic development, and an economy dependent upon a few export crops, usually bananas, coffee, sugar cane. The inequitable land distribution is the principal cause of national poverty and the low quality of Guatemalan life, and the concomitant socio-political discontent and insurrection. Almost 90 per cent of the country's farms are too small to yield adequate subsistence harvests to the farmers, whilst two per cent of the country's farms occupy 65 per cent of the arable land, property of the local oligarchy.
Initially, short-story writer O'Henry's coinage, "servile dictatorship", bore a civil government face — a white-collar businessman president — yet when he proved an administrative incompetent, the military, usually the army, assumed government, and ruled as juntas (military government by committee) during the thirty-six-year Guatemalan Civil War (1960--96); nonetheless, in 1986, the Guatemalans promulgated a new political constitution, and elected Vinicio Cerezo (1986--91) president, then Jorge Serrano Elías (1991--93) five years later.
The long history of political discontent and insurrection in Honduras derives from commercial and political competition between banana exporters, e.g. the United Fruit Company and the Cuyamel Banana Company, for control of Honduran agricultural land and workers. In 1911 Sam Zemurray, owner of the Cuyamel Company hired mercenaries, led by "General" Lee Christmas, to effect a coup d'état to depose the liberal President Miguel R. Dávila (1907--11), with whom the United Fruit Company was colluding for a banana monopoly in exchange for brokering U.S. Government loans for Dávila's government; the Cuyamel Banana Company deposed President Dávila and installed President Gen. Manuel Bonilla (1912--13) in his stead. Contemporarily, internal political instability and a great foreign debt — more than $4 billion — have excluded Honduras from capital investment, thereby continuing its economic stagnation, and reinforcing its banana republic status.
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Journey to Banana Land (1950) - Part 1by otherwise1892895 views
Banana Land??? fuck you !!!!!!!!
rfd73 4 months ago
Your channel does great service for the YouTube public
dec231985 1 year ago
I like the way the narrator says "ba-nan-as".
joe80dman 1 year ago