The rule of dollar democracy by our financiers and industrialists at home has been translated into a regime of dollar diplomacy abroad and in our vas… - Jay Lovestone

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The rule of dollar democracy by our financiers and industrialists at home has been translated into a regime of dollar diplomacy abroad and in our vast colonial possessions. American democracy now truly rests upon a monarchy of gold and an aristocracy of finance.

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About Jay Lovestone

Jay Lovestone (December 15, 1897 – March 7, 1990) was an American activist. He was at various times a member of the Socialist Party of America, a leader of the Communist Party USA, leader of a small oppositionist party, an anti-Communist and Central Intelligence Agency (CIA) helper, and foreign policy advisor to the leadership of the AFL-CIO and various unions within it.

Also Known As

Alternative Names: Jacob Liebstein
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Additional quotes by Jay Lovestone

Under the guise of protecting the weaker nations of South and Central America, the United States has assumed the undisputed hegemony over this territory. The Pan-American Union growing out of the Monroe Doctrine is completely dominated by American imperialists.
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