By Wilhelm Röpke
Röpke wrote this publication within the past due 30s, and it used to be released in 1942. He explains how the realm unraveled the Thirties from a mixture of protectionism and financial destruction. And whereas his research is powerful, he additionally relays what seems an epiphany for him: there are non-economic purposes the realm collapsed. the increase of nationalism anxious him, and what's its resource? The previous code of morals and manners, even the code of honor between humans, turns out to were shredded. humans lengthy for greater than prosperity; they wish cultural and social coherence and balance, and states with a project. The industry can't offer this. It needs to come culture or faith or anything else. watching this, he turns out to signify that the previous liberal creed failed. He proposes a brand new path that unites freedom with a brand new crisis for cultural coherence and morality.
297 pages, 6" x 9", paperback
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Extra info for International Economic Disintegration
Example text
Even for that peaceful and normal period, however, the measurement of the development of the relative importance of world trade presents so many problems and difficulties that it was not only possible for a fiery dispute about the movement of the so-called ''export-quota" to arise, but to remain unsettled almost to the present day. Was the importance of foreign trade in comparison with internal production parallel to the absolute rise, was it increasing or, in spite of the absolute increase, decreasing?
On the other hand, however, it should not be overlooked that these trends owe their origin to a very complicated set of causes in which the monetary-financial disturbances of world economy rank equal with the recent excesses of agrarian and industrial protectionism. Having stressed the general significance of the present trend toward bilateralism, the next task is to go into the detail. In this respect, the tendency of bilateralism to reduce the volume of world trade is particularly conspicuous.
In this respect, however, the difference between foodstuffs, raw materials and manufactured goods should be noted, 3 Cf. A. M. Fox, "Quantitative and Qualitative Changes in International Trade During the Depression," American Economic Review, vol. xxvii, No. 1, Supplement, March, 1937, pp. 13-15. 25 INTERNATIONAL ECONOMIC DISINTEGRATION With foodstuffs the contraction of the world trade quantum compared with world production has been uninterrupted and indisputable since the beginning of the depression, the former always, remaining appreciably below the pre-depression level, while the latter shows even a slight increase.
International Economic Disintegration by Wilhelm Röpke
by James
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