Glenn Diesen - Greater Eurasia Podcast

Jeffrey Sachs: Trump’s Distorted Version of the Monroe Doctrine

11 snips
Dec 12, 2025
Jeffrey Sachs, a renowned economist and professor, delves into the complexities of the Monroe Doctrine's evolution. He highlights how the original principles aimed to end colonialism, yet over time became tools for U.S. hegemony. Sachs critiques Trump’s reinterpretation, casting it as an aggressive catch-all for economic control. He advocates for respect among great powers and non-intervention, warning against militarizing economic relations. His insights on inclusivity in global governance challenge the current exclusion of developing regions like Africa and Latin America.
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INSIGHT

Original Monroe Doctrine Was Reciprocal

  • The original Monroe Doctrine (1823) declared no new European colonialism and non-intervention in the Americas.
  • It also promised reciprocity: the United States would not meddle in Europe's affairs.
INSIGHT

Roosevelt Turned Doctrine Into Policing

  • Theodore Roosevelt's 1904 corollary transformed the doctrine into a U.S. policing claim across the hemisphere.
  • That corollary led to repeated U.S. military interventions in the Caribbean and Central America.
ANECDOTE

Venezuela Debt Crisis Sparked U.S. Policing Role

  • Venezuela's 1902 debt default prompted European gunboat diplomacy and helped spawn the Roosevelt Corollary.
  • The U.S. then claimed it would police the hemisphere to stop such European interventions.
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