The Economic Consequences of the Peace
Abstrak
John Maynard Keynes's classic 1919 work is a scathing critique of the Treaty of Versailles that ended World War I. Keynes, who attended the Peace Conference as a representative of the British Treasury but resigned in protest at the terms of the treaty, argues in this book that the economic stability of Europe depends on the prosperity of Germany. The work predicts that the heavy war reparations demanded by the Allies from Germany were unpayable and that this punitive attitude would collapse the German economy and drag the whole of Europe into misery. Keynes emphasizes that while the treaty focused on political borders and vengeance, it neglected the economic rehabilitation of post-war Europe, the supply of food and raw materials, and financial order. The author warns that this economic destruction will sow the seeds of hunger, social unrest, and ultimately a new war. The book is not only an economic analysis but also an early diagnosis of the political mistakes that shaped 20th-century history.
Topik & Kata Kunci
Penulis (1)
J. Keynes
Akses Cepat
- Tahun Terbit
- 1920
- Bahasa
- en
- Total Sitasi
- 817×
- Sumber Database
- Semantic Scholar
- DOI
- 10.2307/2142587
- Akses
- Open Access ✓