Jump to ContentJump to Main Navigation
American Sugar KingdomThe Plantation Economy of the Spanish Caribbean, 1898-1934$
Users without a subscription are not able to see the full content.
American Sugar Kingdom: The Plantation Economy of the Spanish Caribbean, 1898-1934

Cesar J. Ayala

Print publication date: 1999

Print ISBN-13: 9780807847886

Published to North Carolina Scholarship Online: July 2014

DOI: 10.5149/9780807867976_ayala

Show Summary Details
Page of

PRINTED FROM UNIVERSITY OF NORTH CAROLINA PRESS SCHOLARSHIP ONLINE (www.northcarolina.universitypressscholarship.com). (c) Copyright University of North Carolina Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in NCSO for personal use.date: 19 October 2021

The Horizontal Consolidation of the U.S. Sugar Refining Industry

The Horizontal Consolidation of the U.S. Sugar Refining Industry

Chapter:
(p.23) 2 The Horizontal Consolidation of the U.S. Sugar Refining Industry
Source:
American Sugar Kingdom
Author(s):

César J. Ayala

Publisher:
University of North Carolina Press
DOI:10.5149/9780807867976_ayala.6

This chapter discusses the invasion of Cuba and Puerto Rico and how it took place at a time when capitalist enterprise in the United States was undergoing a momentous transformation into its modern, corporate structure. The wave of mergers and consolidations of 1898–1904 firmly established the limited liability, joint stock corporation with the ability to hold the stock of other corporations as the essential unit of capitalist industrial enterprise in the United States. While the corporate form and a market for securities had existed in railroads since the 1870s, the transformation of industry and the development of a market for industrial securities took place essentially after 1898. Thus the emergence of the United States as an imperial power in the Caribbean coincided with a historical transformation in the structure of capitalist property.

Keywords:   Cuba, Puerto Rico, capitalist enterprise, United States, corporate structure

North Carolina Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .