In this classic work, written originally in 1941, the author argues that War and Depression are inextricably linked. Urging caution when dealing with over-simplified dogmas relating to competitive capitalism and imperialistic rivalries, he nonetheless argues that the bases of the Second World War were economic. In particular, attention is focused on the inability of the great industrial nations to provide full employment at rising standards of real income, and the disastrous economic breakdown of the 1930s. He concludes ...
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In this classic work, written originally in 1941, the author argues that War and Depression are inextricably linked. Urging caution when dealing with over-simplified dogmas relating to competitive capitalism and imperialistic rivalries, he nonetheless argues that the bases of the Second World War were economic. In particular, attention is focused on the inability of the great industrial nations to provide full employment at rising standards of real income, and the disastrous economic breakdown of the 1930s. He concludes that the ultimate failure to provide international political stability are to be found in the facts of economic frustration.
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