Conversation

The derogative term 'Banana Republic' comes from an earlier stage of imperialist capitalism, when corporations from the imperial core (namely fruit exporters) used their money, power, and influence to corrupt local governments so that their interests would be prioritised over those of the local population.

It is fair to say the term is now obsolete because under corporate neoliberal capitalism, every nation is a Banana Republic.

A Banana World Order, if you will. 🍌🌏
https://www.theguardian.com/world/article/2024/jun/11/chiquita-banana-deaths-lawsuit-colombia